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 <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> that members of the Millennial generation didn’t need to worry about money, because soon their Baby Boomer parents would start dying and the “biggest wealth transfer” in history would start taking place.</p>
<p>As my Silent Generation (the generation older than the Baby Boomers; there are about <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, “Pretty wishful thinking, there, everyone, I’m pretty sure most of the Baby Boomers are still going to be alive twenty (if not thirty) years from now.”</p>
<p><a href="https://aninjusticemag.com/there-will-be-no-baby-boomer-wealth-transfer-b5dbb4acf4c8"><strong>Read More</strong></a></p>