63% of affluent children between ages 18 - 22 say financial stability in retirement will depend on inheriting money.
- 17% think it could come from friends, compared with 4% of people of all ages.
- 17% are betting their grandparents, compared with 6% of everyone polled.
- 14% of Generation Z members say the extended family will shell out some cash, versus 5% overall.
- Globally, inheritance expectations are highest in India (19%) and lowest in Japan (7 %). The average across 15 countries in the recent Aegon Retirement Readiness Survey 2018 was 11%. (Bloomberg)