[humanrebar]

Agreed. Also, it's important to provide incentive for people to work hard and make good financial decisions even after they are set up for life.

If, once you had your retirement set, you could only pass a small percentage of your income on to your friends and family (IANAL... and charities?), then why keep working? What about the people making valuable contributions to society: inventors, doctors, entrepreneurs, etc? Doesn't society have an interest in encouraging them to work past having $X million in their bank accounts?

[judk]

It is possible to give away money before you die.