Reported about 9 hours ago
Generation X is poised to receive a significant financial boost in the coming decade, with an expected transfer of $1.4 trillion annually from aging baby boomer parents, as reported by Cerulli Associates. While millennials will inherit the most wealth over the next 25 years, Gen X will see the largest immediate gains. Experts highlight the wealth created by the baby boomer generation as a historical benchmark, suggesting that younger Gen Xers and early millennials will benefit most from this financial transition.
Source: YAHOO