The $1 trillion time bomb: Why Kiwi families are blowing the inheritance conversation
New Zealand is in the middle of a $1 trillion inheritance wave, and most families are walking into it completely unprepared.
As Baby Boomers move into their 70s and 80s, we’re experiencing the biggest intergenerational wealth transfer in the country’s history. But the money isn’t the problem, it’s the silence.
In this episode of Making Cents, financial journalist Frances Cook is joined by Katie Wesney from EnableMe to break down the inheritance conversations Kiwis aren’t having, and the painful consequences when families avoid them.
The truth is that most New Zealand families have no plan for…
The skinny
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