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re: Boomers have 63% of 84.4 trillion dollars of wealth the government wants.
Posted on 8/3/22 at 7:05 pm to Diamondawg
Posted on 8/3/22 at 7:05 pm to Diamondawg
Well, when you factor in that most of that number is going to be generational wealth passed down through families, then you consider the interest made off off he inheritances, it would probably be much more than half.
This post was edited on 8/3/22 at 7:06 pm
1
Posted on 8/3/22 at 8:35 pm to Barstools
quote:How does the number grow so quickly through inheritance?
Well, when you factor in that most of that number is going to be generational wealth passed down through families, then you consider the interest made off off he inheritances, it would probably be much more than half.
quote:Is this where Obama says you didn't build that?
For context on the enormous size of the wealth being transferred as people die, consider that in 2018 Cerulli forecasted a $68 trillion 25-year wealth transfer, and in 2011, that total wealth transfer was a mere $38 trillion.
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