Not retiring young in the sense of just quitting their jobs, but if someone has been saving for their own retirement already, then their parents pass away, shouldn’t it be pretty common for a lot of that inheritance to pass down to them? But it seems like most people still struggle to save enough to retire even if their parents have passed on.
What is the reason most people don’t retire at 55 or 60 assuming their parents have passed on by then? Do people not usually save enough for interest to cover a lot of the spending?
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You’re missing a big point….
Two parents retire with enough money to last for the rest of *their* lives…they live through retirement, spend that money, and pass away.
Barring early deaths, the money has been spent according to plan.
Only planned inheritances and early deaths provide more money to heirs
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