Baby Boomers Ready to Leave Trillions to Next Generation

Baby Boomers Ready to Leave Trillions to Next Generation

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the transformation of baby boomers from rebellious youth to the largest wealth holders in the US. It highlights the upcoming massive wealth transfer to their descendants, estimated between $15 trillion and $68 trillion. The impact on millennials is uncertain, depending on tax laws and market conditions. Financial advisors will play a crucial role in managing this transition.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors will influence how millennials manage the wealth they inherit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role will financial advisors play in the wealth transfer process?

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