8 Reasons You Should Not Expect an Inheritance (New York Times)
You?ve probably heard about the bumper sticker, even if you haven?t seen it. It?s the one on Cadillacs in Florida and Lexuses in Arizona that says ?I?m spending my children?s inheritance.?.

Rising Medicare premiums will hit retirees hard (Austin American-Statesman)
Medicare premiums might soon start crushing retiree spending power. I estimate that many a long-lived couple might need to reduce their retirement spending on nonmedical consumption by 13 percent to 26 percent to avoid sharp declines in purchasing power as they get older.

Burns: Higher premiums to curtail buying power (Houston Chronicle)
I estimate that many a long-lived couple may need to reduce their retirement spending on nonmedical consumption by 13 percent to 26 percent to avoid sharp declines in purchasing power.