Teens think they’re going to get a big inheritance

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Teenagers who grew up during the big recession may not have learned anything from it.

A study by TD Ameritrade found that 40 percent of those in Generation Z, now between the ages of 13 and 22, think they are going to get a big inheritance and won’t need to save for retirement.

But an article in USA Today says they may be in for a rude awakening.

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Published In: Wills, Trusts, & Estate Planning Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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