POPA ReconThe Great $110 Trillion Wealth Transfer Won’t Happen Any Time Soon
The Great $110 Trillion Wealth Transfer Won’t Happen Any Time Soon While Baby Boomers hold a massive $110 trillion in wealth, several factors are delaying its transfer: • Increased Longevity • Lifestyle Spending • The "Slow Drip" Approach For the next 12 years, Gen X (not Millennials) is projected to inherit the most money. Millennials are still considered a "far off" opportunity for wealth management firms https://www.wsj.com/articles/the-great-110-trillion-wealth-transfer-wont-happen-any-time-soon-e8b2ef31
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