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submitted 11 months ago by JoMiran@lemmy.ml to c/196

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Article assumes Boomers won't spend it all before they die.

https://www.theguardian.com/money/2024/feb/28/millennials-richest-generation-wealth-property

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[-] BirdyBoogleBop@lemmy.dbzer0.com 15 points 11 months ago* (last edited 11 months ago)

The switch will see $90tn (£71tn) of assets move between generations in the US alone, “making affluent millennials the richest generation in history”, Knight Frank said in its 18th annual wealth report.

[-] bob_lemon@feddit.de 4 points 11 months ago

Meanwhile, every discussion about inheritance tax is poisoned by people claiming they would need to still their parents house.

this post was submitted on 29 Feb 2024

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