Generational transfer of wealth largely built up in property will amount to $90tn in US alone, report says

SPOILER: Article assumes that Boomers will die and leave their wealth to Millenials.

  • catloafEnglish
    12·
    7 months ago

    In reality, their future financial firepower is likely to be a divisive lottery, predominantly determined by inheritance from previous generations, including property.

    Aye, there’s the rub. I’d also like to see how disproportionate wealth is among different demographics. (Spoiler: it’s not going to be pretty.)