retirement.org.nz

The receipt of inheritance can have a significant impact on the provision an individual can make for retirement. Currently, little is known about how significant inheritance is in New Zealand. This report provides some background to the issues involved in inheritance and provides a foundation from which we can determine the future research that should be undertaken in this area. The report presents an overview of research into inheritance. It looks at what theory can tell us about the affect of inheritance on the savings behaviour of recipients and benefactors. It also explores empirical research (mostly from overseas studies) and what it can tell us about who receives inheritance, its importance in wealth accumulation, and its impact on the distribution of wealth within society. September 1998.
 

Attachment
The Role Of Inheritance Summary.pdf