[Myrddin]

One thing that is rarely mentioned in these stories is the transfer of wealth that will happen when the parents of these baby boomers die and leave their estates to the baby boomers.

I think that is highly overestimated. My wife's parents passed and left the house to the youngest son. The insurance benefits were $21,000 divided equally among 3 children. Big deal. My dad has passed in 2003. Mom purchased a smaller house valued around $500,000. That is her sole asset of any worth. Splitting that with my sister and accounting for my high tax bracket, it will mean the equivalent of a single year's salary after taxes. Again, big whoop. I've saved far more in my retirement accounts.

[Moonman62]

My Dad split years ago. My Mom has never made a plan in life except to be devious and dump her burden on me. Her only asset is a twenty year old car. Both of them have college degrees and professional careers at one time.

I would love for my Mom to win the lottery even if I never saw a dime of it. Even though you may not inherit that much, it could be a lot worse.

[sageb1]

A $500,000 home? I should be so fortunate. Have her sell and invest the money and let her live in your home for free. ;)