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A comment on Rich Retirees Are Hoarding Cash Out of Fear. Parent comment

Re:Rich Retirees Are Hoarding Cash Out of Fear by derefr on Tuesday May 16, 2017 @07:06PM (#14354131)
Presume you don't have any heirs, either. (Which is likely: when people are intent on "living frugally", having kids is usually seen as an expense they can't afford.)
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Re:Rich Retirees Are Hoarding Cash Out of Fear by toomuchtodo on Tuesday May 16, 2017 @07:07PM (#14354140)
The estate typically goes to a charity in that case, pre-selected by the deceased.

When done properly, it can be fairly tax efficient.

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