You shouldn’t count on an inheritance for your own retirement or to better your financial future.

Peter talks about one of things that he is seeing more of and that is that there is a big shift that people are seeing with what is happening with money they expected and should have received by now from their parents. He says a lot of folks are thinking their parents are getting older and today people are living longer with medical advancements. It is a difficult thing to talk about your parents passing away but in this tough economic environment we need to talk to our parents about the potential risk of money being gobbled up by long-term care insurance and much more.

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