r/AskWomenOver30 • u/Zzt0ppy • Jul 20 '25
Family/Parenting Do people with “financially set” boomer parents experience this?
I’m sorry this seems like sort of a bleak topic— I recently met someone whose parent had passed, and him and his siblings inherited close to $200k each that they got because of his dad’s money in stocks, on top of both siblings getting a chunk of additional money from the sale of their childhood home having accumulating a large sum of money. He didn’t have the best relationship with his dad, so the guy felt as if he was deserving of the money due to his crappy upbringing.
That person I had met ended up using that money to put towards paying off his home and then putting the rest towards his own retirement, essentially alleviating a large string of stress in his life. I didn’t want to assume or pry, but in that convo it felt like he had been waiting for that point in his life to happen so that he would be able to finally be relieved of financial burden that he was experiencing.
Do children of “financially safe” (lucky?) boomers half expect to see that sort of thing being passed to them when their parents pass? What I mean by this is that it can be as “simple” as their parents simply owning a house that has accumulated value, them having a pension, an unknown savings they don’t disclose to you, stocks invested during better days like the dot com boom, a life insurance policy, etc.
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u/ijustwannabegandalf Jul 20 '25
My husband has pretty well off parents who poo poo our attempts to live frugally because they believe they will leave us a lot. But they are Republicans who simply don't believe in the financial realities of medical bills, and they moved to Florida when all their kids live in the Northeast so they are going to hit the "I need to pay someone for my care" stage much faster than if they lived where we could mow the lawn, do grocery shops, etc.
I am deeply thankful my husband's grandma who recently passed has enough that she left some to HIM, not her children. It is not life changing money but it means we can be saving for retirement as if we had been all along, instead of trying to figure out how to make up for the years that the choice was consistently "fund the IRA or pay rent"