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The Great Wealth Transfer [ 1 ] [ 2 ] Baby boomers and the silent generation will bequest a total of $84.4 trillion in assets through to 2045, with $72.6 trillion going directly to heirs. [ 1 ] [ 3 ] The transfer of wealth from baby boomers will account for $53 trillion or 63% of all transfers, while the Silent Generation will hand down $15.8 ...
We are in the midst of the “great wealth transfer” — over the next decade, $84 trillion in assets will be handed down to millennials and members of Generation X. Transferring wealth ...
The baby boomers capitalized on an unprecedented 40-year rally in stock and housing prices. Now, those babies are bequeathing on an equally epic level. Read Next: 6 Reasons the Poor Stay Poor and...
Building generational wealth with the Great Wealth Transfer. While the Great Wealth Transfer can be daunting, it’s a moment to get smart about finances, plan for your money to endure and even ...
Baby boomers are set to drop a huge windfall on younger generations — primarily Gen X and millennials — over the next 20 to 30 years. However, before this deluge of wealth — to the tune of ...
Americans have roughly $156 trillion in assets, according to Visual Capitalist, but half of that wealth -- $78.1 trillion -- belongs to the baby boomers. The rest is spread out across Generation X,...
Estate planning is key to transfer your generational wealth down to loved ones. So is understanding how to pass it down in a tax-free way — or at least in a manner that reduces the tax onus.
The Great Wealth Transfer: How Baby Boomers Are Passing on Trillions to Heirs Credit Card Debt Most Americans carry a boatload of credit card debt — more than ever, in fact.