Everyone dreams of getting an inheritance. But contrary to most people's belief, the U.S. isn't necessarily your best bet when it comes to getting a big bequest from a parent or grandparent.
In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at a recent survey that looked at which countries have the highest average inheritances from their retirees. Dan notes that Australia tops the list, with average inheritances of over $500,000. Singapore comes in at No. 2, with the U.K., France, and Taiwan rounding out the top five before the U.S. shows up in the No. 6 spot at $177,000. Dan makes some observations about Australia's success, noting that companies such as BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) have done a good job of exploiting the nation's natural resources while property values have also held up well, benefiting the entire iShares MSCI Australia (NYSEMKT:EWA). In the end, the value of property has a big impact on inheritance levels around the world.
Fool contributor Dan Caplinger and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.