Why do people leave money to their kids instead of spending it all themselves? On this week’s FIRE podcast, Certified Financial Planner Karen Lee of Karen Lee and Associates talks with host Arin Greenwood about why people in their 80s are leaving as much as they can to their kids, and people in their 50s are hoping to spend every last dollar before they go. Lee is author of the upcoming book “It’s Just Money, So Why Does It Cause So Many Problems?”
Listen to the podcast here or download it in iTunes.