My father passed away two years ago. He worked his whole career at a job he enjoyed. As a family of 11 (Mom, Dad, 5 boys and 4 girls) we never had a lot of extras, but our needs were met. Fortunately, my dad had a generous pension and government health benefits throughout retirement, which not only provided for my parent’s living expenses, but the extensive medical care my dad required.
But there’s really no “nest egg” for his children to inherit. The pension will stop after my mother is gone, as will the health benefits. There isn’t a lot left as far as other assets are concerned.
And that doesn’t matter at all.