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Posted by sviechweg (MONEY FORUMS: 7, Answers: 0)
Asked on September 8, 2015 1:29 pm
Great question. Economically I should not work harder as the theory says it will all be gone - back to shirtsleeves - in three generations; hence there is no real economic gain. Practically, however, the quality of my financial life is dependent on what I earn; hence my income drives my financial comfort and my financial options. While it may not be relevant to the third generation it is actually quite relevant to me and how I live!