Survey: boomers not planning on leaving money

September 6, 2011 6:05:12 AM PDT
A survey by the investment firm U.S. Trust shows only half of baby boomers say it's important to leave money to their children. One quarter of boomers worry their kids will become lazy, and one in five fear their kids will waste the money.

The boomers, ranging from 47 to 65-years-old, also believe after years of hard work, they should treat themselves to nice vacations and dinners.