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Reply to "And that’s the $5M point "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Remember that the $120 trillion wealth transfer is coming. If your parents are dead or not rich, it just means all the millenials are going to be richer than you in a few years, and you know no one cares about Gen X. [/quote] Except most of the wealth is concentrated so the majority of millennials won’t be inheriting very much. And if your parents have a few million but not much more, that will be gobbled up by end of life costs. Not to mention remaining amount will be split between siblings. [/quote] The overestimation of "end-of-life" costs on these forums never ceases to amaze me.[/quote]
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