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The Great Wealth Transfer Unpacked | US News
A historic wealth transfer is brewing—trillions are set to flow from Baby Boomers to Gen X and millennials, but it’s not the economic boom you think. Most of that money will stay in the hands of the ultra-wealthy, reinforcing the gap. With heirs already affluent and living longer, inherited cash is more likely to be reinvested than spent, while gifts and delayed inheritances further delay real spending. The top 10% control far more than the bottom 90%, ensuring wealth stays concentrated. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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