The great wealth transfer reality check
$36 trillion will transfer from baby boomers to Gen X and millennial households over the next 20 years, but only about $8 trillion is expected to be spent.
Summary
The impending transfer of $36 trillion from baby boomers to younger generations raises questions about how much will actually be utilized. With only $8 trillion projected to be spent, the article examines the implications for wealth management and economic growth.
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