Wealth and Asset Management
The ‘great wealth transfer’ isn’t $72 trillion but $129 trillion, BofA says—and the government gave most of it to baby boomers
You’ve probably heard about the “great wealth transfer.” It's the $72 trillion stack of assets that baby boomers are sitting on and going to pass onto millennials someday, thereby solving many of the economically beleaguered younger generation's problems. But there was another, even more “massive” wealth transfer from the government…
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Click here to read the full story: Yahoo Finance