According to a recent report, 23% of retirees would rather spend all their money during their lifetime than leave it to their children. Dave Ramsey weighed in on the matter, stating that “if your children are misbehaving, then you’d be funding their misbehavior . . . and so you wouldn’t want to do that.” However, under this same idea, if you do not leave a well-behaved child money, you are planting the idea that money is evil and that you did the wrong thing when leaving an inheritance.
See Julia Limitone, Should You Leave Your Kids an Inheritance?, Fox Business, October 12, 2016.
