millennials

An estimated $90 trillion transfer of wealth is now underway as baby boomers begin to give assets to their children – and a new survey shows a massive transfer of debt is happening at the same time. A whopping 46% of Americans expect to pass on some form of debt when they pass away, according […]

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A massive transfer of wealth from baby boomers to their brethren is underway, but a look at the numbers shows many people will not receive what they expect. The “overwhelming” cost of health care will drain the wealth of most boomers before it can be handed over to Gen Xers and Millennials, according to an […]

The post $90,000,000,000,000 Transfer of Wealth Will Be Worthless for Many Due To Single Overwhelming Expense: Report appeared first on The Daily Hodl.

A seismic shift of wealth is beginning in the US, which will create the richest generation in recorded history, according to a new report. The global real estate consultancy firm Knight Frank is releasing its 2024 Wealth Report, and it finds boomers will hand $90 trillion in assets to millennials over the next 20 years, […]

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