this post was submitted on 29 Feb 2024

230 points (97.9% liked)

196

16710 readers

3274 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 2 years ago

MODERATORS

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

230

Dying Boomers rule (lemmy.ml)

submitted 9 months ago by [email protected] to c/[email protected]

45 comments fedilink hide all child comments

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

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

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 15 points 9 months ago* (last edited 9 months ago) (1 children)

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.

[–] [email protected] 4 points 9 months ago

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