hahahahha. It’s a strange world when 300k+ of current purchasing power is not considered a decent inheritance. What baseline are you using? I would have loved an inheritance like that..

I'm not quite sure where you're getting the $300k from, or what assumptions you're making around retirement spending, but my point was that there likely wouldn't be much of an inheritance to give if one assumed retiring on $1m even in today's dollars. Assuming ~20 years of retirement, that's $50k/yr. Many people's medical expenses would eat that up quickly as they get older, and that's not even getting into other living expenses, whether they have their overpriced home paid off, etc.

I am projecting we mostly will live to 100 or 110. That might mean some people have 30-40 years of retirement, and many will be unprepared.