Episode 22: Will $70 Trillion in Generational Wealth Transfer Occur, as Predicted?
Dec 2, 2021
In the next 20 years it is expected that $70 trillion in wealth will be distributed from the Silent Gen and Baby Boomers to heirs and charities, mostly in the Gen X and Millennial generations. It would be the largest reallocation of wealth in history were it to unfold as predicted. Fasten your seatbelts before departure.
Here are just a handful of the things that we'll discuss:
- Demographics is destiny. Shifts in demographic power will be seismic.
- Will poor savings, healthcare costs, looming Social Security challenges, and high debt loads absorb much of the great transfer?
- With so much change over the horizon, the retirement planning space will radically change.