The Biggest Wealth Transfer in History is Upon Us - Here is What it Means
The wealthiest generation in history is starting to retire, and die. In doing so they will be responsible for the greatest wealth transfer in history, as they pass along a collective 30 trillion dollars to their beneficiaries over the next few decades, just in the United States alone.
That kind of capital movement is going to have some extremely significant impacts on the economy some of which we are already starting to feel.