By: Economic & Finance Report
Millennials tend to get the largest wealth transfer from their baby boomer parents and grandparents. Over $90 trillion dollars of wealthy assets will be inherited and transferred to the millennial generation. Millennials are considered the biggest populated generation since the baby boomers.
How will this “wealth transfer” effect society in large part, only time and economics will have to tell the dynamics for the future; or is the future already here? -SB
Image Source: The New York Times