Inheritance Could Take a Hit Due to Health Care Costs

real estate: 부동산
annuities: 연금
It’s in 401ks, it’s in real estate, it’s in insurance and annuities.

bank on (something): ~에 의지하다
And people we spoke to saying it’s not a check they’re banking on.

immense: 엄청난
projection: 예상
A majority of that immense wealth is concentrated at the very top of that k, with more than half of the wealth transfer expected to go to the wealthiest 2% of American households, according to recent projections by chase’s team.

typical: 전형적인, 대표적인
A 65 year old retiring in 2025 will need more than $170,000 to cover typical health care and medical expenses throughout retirement.

substantial: 상당한
Not everyone is in a position to pass down a substantial amount of inheritance to their kids.