It's long been known that Gen Xers and millennials are set to inherit trillions from baby boomers over the next two decades via the Great Wealth Transfer. The bad news, however, is that not everyone will receive an equal piece of the payout.
After accounting for taxes, baby boomer retirement spending and other factors, a July Visa Business and Economic Insights report estimates that "$36 trillion will pass to younger generations over the next 20 years, equivalent to roughly $515,000 per inheriting household (1)."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
After accounting for taxes, baby boomer retirement spending and other factors, a July Visa Business and Economic Insights report estimates that "$36 trillion will pass to younger generations over the next 20 years, equivalent to roughly $515,000 per inheriting household (1)."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
3 months ago
