Several years ago my wife and I bought a book entitled, “How to Die Broke”. We leave it out occasionally to remind our children of our philosophy…no kidding. We’ve made it clear to our children that when we die we expect that the only substantive asset left will be the house and its contents Plus some cash/investments to cover our final expenses. All five of them (a second marriage for both of us) had their post secondary education and all that that entailed paid in full by us so they could start their working/real lives debt free; this was their inheritance and they understand this. They know all of us have had a cushy life compared with our parents/their grand parents, all of who were born during or just after WWI. Our parents lived through the SpanishFlu pandemic, most of WWI and it’s messy aftermath, the Great Depression, WWII, including the Blitz. According to the book, you know you’ve really died broke when the cheques to the undertaker bounce.