How will the baby boomer wealth transfer affect the economy? What are the different ways wealth is being passed down? The largest transfer of wealth in US history is underway, as Baby Boomers begin passing down $84 trillion in assets to younger generations. Rather than improving the economy, the Great Wealth Transfer is expected to widen inequality. Here’s a look at the problems the wealth transfer might cause and some fiscal changes that may be on the horizon.
The Great Boomer Wealth Transfer May Set America Backward
