Forget working and saving for retirement. Many working-age people in the U.S. and worldwide are hoping to live off an inheritance after leaving the workforce, according to a global study from HSBC.
Globally, nearly three in four (72%) of those expecting an inheritance say they plan to use it to finance their retirement to some extent, and 10% think it will fund their retirement entirely. In the United States, more than three in four (76%) believe it will finance either all (10%) or part (66%) of their retirement.
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