Reported 20 days ago
A new study from Charles Schwab reveals that wealthy Americans plan to pass down an average of $4.1 million, with differing wealth transfer preferences between generations. Baby boomers tend to focus on passing wealth after death, while millennials and Gen X are more inclined to transfer wealth during their lifetime. Susan Hirshman from Charles Schwab provides insights into these generational differences and the importance of early planning.
Source: YAHOO