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.

  • DragonBallZinn [he/him]@hexbear.netEnglish
    6·
    6 months ago

    Literally says that millennial wealth will come from boomers essentially living life on their behalf and then passing their wealth down. Once again, millennials are just seen as accessories to the boomers. “We will live life FOR you. Enjoy your first scraps when you’re middle-aged, suckers!”

    Implies boomers won’t blow it all either out of spite or from retirement home costs.