The Great Wealth Transfer: Fact Or Fiction?

In a post from 2019, I described what some were calling the greatest wealth transfer in history. I pointed to an  Article that positioned the next two decades in the United States as an unprecedented shift of demographics and finances. Baby Boomers were born between 1944 and 1964, and according to that article, this generation is expected to transfer $30 trillion in wealth to younger generations over the next many years: what some have called the “great wealth transfer.”

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