Tag: baby boomers
The brief’s key findings are: Baby boomers could inherit about $8.4 trillion. Two-thirds of boomer households will likely receive some inheritance, with a median amount of $64,000. But inheritances are not a silver bullet: 70 percent of the estimated total represents prospective amounts. Market volatility can have a substantial impact. Boomers’ parents may pass on…
The brief’s key findings are: Early Baby Boomers were hit hard by the financial crisis. But, over their careers, markets have treated them well: they have enjoyed 9-percent returns on equities; and they have fared much better than either Late Boomers or Gen Xers. Gen Xers have faced the worst investment climate, but Late Boomers…
