There Will Be No Baby Boomer Wealth Transfer

<p>About a year ago I first started becoming aware of a popular type of financial news article that&nbsp;<a href="https://www.forbes.com/sites/jackkelly/2023/08/09/the-great-wealth-transfer-from-baby-boomers-to-millennials-will-impact-the-job-market-and-economy/?sh=2f5488bf3e4a" rel="noopener ugc nofollow" target="_blank">spouted the theory</a>&nbsp;that members of the Millennial generation didn&rsquo;t need to worry about money, because soon their Baby Boomer parents would start dying and the &ldquo;biggest wealth transfer&rdquo; in history would start taking place.</p> <p>As my Silent Generation (the generation older than the Baby Boomers; there are about&nbsp;<a href="https://medium.com/illumination/are-we-ready-for-the-coming-dementia-bomb-80c68711fee5" rel="noopener">20 million of them in America</a>) mother is still alive, I used to get a good chuckle at those stories as I thought, &ldquo;Pretty wishful thinking, there, everyone, I&rsquo;m pretty sure most of the Baby Boomers are still going to be alive twenty (if not thirty) years from now.&rdquo;</p> <p><a href="https://aninjusticemag.com/there-will-be-no-baby-boomer-wealth-transfer-b5dbb4acf4c8"><strong>Read More</strong></a></p>