The greatest wealth transfer in modern history has begun
Baby boomers and older Americans have spent decades accumulating an enormous stockpile of money. At the end of this year’s first quarter, Americans age 70 and above had a net worth of nearly $35 trillion
Older generations will hand down some $70 trillion between 2018 and 2042, according to research and consulting firm Cerulli Associates. Roughly $61 trillion will go to heirs—increasingly millennials and Generation Xers
WSJ 2 July 2021
The more urgent question, in many economists’ minds, is whether the aging of the population will be a drag on economic growth overall, as has already been a problem in Western Europe and Japan.
MarketWatch 29 December 2014
https://www.internetional.se/shares.htm#overwhelm
Kommentarer