Gen X and millennial inheritance could take a hit due to health care costs and taxes
NBC News·2026-01-30 01:44
It's being called the great wealth transfer. >> You are living in the greatest transfer of wealth in human history. >> Not just little rich, rich, mega money rich.Up to $124 trillion expected to shift from the hands of baby boomers and older generations down to their younger heirs. But it's not a simple handoff like some might think. >> The cold reality, wealth doesn't transfer.Wealth gets consumed. for anyone expecting a big windfall. >> Unfortunately, I don't feel it's going to be sort of a widespread phe ...