Comment by gorkonsine

They have less time to spend it themselves. Sure, they can give it to some charity, or their kids, but when you have a lot of money when you're young, you have far more time to do stuff with that money yourself. Someone with one foot in the grave doesn't. No one's saying they don't have a right to the money if they earn it, just that they likely won't be able to make as much use of it.