If widespread, this trend could substantially remake business and philanthropy. The world is in the midst of a massive generational wealth transfer, with Baby Boomers poised to shift up to $53 trillion to their heirs through 2045 (according to research by Cerulli). At the pinnacle of affluence...
First, before getting into what issues we Gen Xers must look out for, it’s important to understand what has come to be called the Great Wealth Transfer, from Baby Boomers to Generation X. The Great Wealth Transfer refers to the massive shift of wealth from the Baby Boomer generation to G...
Thegreat wealth transfer, which could see tens of trillions of dollars in wealth passed from older generations to younger generations, could also usher in a great art transfer. Fully 91% of wealthy collectors had works in their collections that were inherited or gifted through a will or other ...
-The solution(s) have to be born (largely) by the Baby Boomers themselves. Post the Boomers, SS can be a PayGo concept. But the transition is not PayGo.It is a huge inter-generational transfer of wealth. This means that well off Boomers (there are many, including myself) are going ...
loan is you don't have to pay the down payment. Those are things that make it there. Now, look, you're going to pay it back and you're going to pay your mortgage. Those are things that we know in the long run, the appreciated value, the generational wealth that's created from ...
Impact investments as a theme has multi-generational implications that go well beyond asset markets. To download a copy of the whitepaper, click here.Keywords: Climate Change, Data, Family Offices, Impact Investment, Investor, Market, Respondent, Success...
The so-called “polycrisis” was an inflection point, setting the tone for 2023 and beyond: After years of rising tensions, great power rivalry is back at the forefront of global affairs. After decades of dormancy, inflation has returned to the top of the economic agenda. And a...
A multi-generational workforce is a strong workforce The Great Unretirement is more than just a trend: It’s a call to action for businesses worldwide to reassess their hiring practices and embrace the wealth of experience offered by older professionals. ...
Superfunding multiple 529 plans is one of the most tax-efficientgenerational wealth transfer strategies. Instead of just gifting children, grandchildren, nieces, and nephews money, gift them eduction. A great education is what will set people free. ...
Understanding the Great Wealth Transfer Between now and 2045, financial experts believe the greatest generational wealth shift in American history will occur. Dubbed the Great Wealth Transfer, it will see the last of the Silent Generation (born 1928 to 1945) and mostbaby boomers(born 1946 to 1964...