Are you ready for the economic tsunami?
Over the next 20 years, $3.5 trillion is expected to be passed down from the baby boomers to Gen X and Y.
Over the next 20 years, $3.5 trillion is expected to be passed down from the baby boomers to Gen X and Y.
Although generation y may be income rich, their net worth remains modest, whereas the retiring baby boomers control more than half of the nation’s wealth. Social researcher Mark McCrindle shares his insights on the differences between generations when it comes to wealth and income to help you better understand the challenges facing your clients’ demographics.
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