One-third of Americans Say This is Why They Aren't Saving Money

Geez, I hope your parents don't know...THIS is the real reason you haven't put any money into your retirement savings.

According to a new study, one-third of people say their main financial plan is...inheriting money from their parents after they die.

Thirty-six percent of people in Gen X...32% of millennials...and even 20% of baby boomers say they're banking on mom and dad leaving them a nice pile of cash.

But no one compares to Generation Z, who are the people under 22...a full 63% of them currently see their parents as their best financial option.  Welcome to Late Capitalism, kids.

SOURCE: New York Post

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Chris Carmichael

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