And yet this nation is in the midst of the largest generational transfer of wealth in all of history.
Maybe some boomer parents were broke their entire lives, bad with money, or just plain unlucky, but those that weren't are leaving their descendants an epic windfall.
The claim is supported by economic data, with projections suggesting the largest generational wealth transfer in history is occurring, as Baby Boomers pass down an estimated $84 Trillion in assets to their heirs, primarily Millennials and Gen Z. This transfer is expected to reshape the financial landscape and could make Millennials the wealthiest generation on record.
And yet this nation is in the midst of the largest generational transfer of wealth in all of history.
Maybe some boomer parents were broke their entire lives, bad with money, or just plain unlucky, but those that weren't are leaving their descendants an epic windfall.