pull down to refresh

Only 20 percent expect to leave any inheritance at all to their children, despite owning over half the wealth in the entire country. This is not normal behaviour

If they hold over half the wealth in the entire country, how come only 20 percent of them expect to have anything left over to leave as inheritance?

I don't think I've seen too many boomers buying a yacht only to spite their kids.
I'd be interested to hear if there is evidence of real over-spending, or if there's significantly less left after the welfare arm of the state and their protected industries have had their fill.

That half of the nations wealth held by boomers is not evenly spread across boomers.
Many boomers are not wealthy at all.
A few are extremely wealthy.
Fiat debt leveraged neoliberal economics has resulted in a huge increase in wealth inequality, including among the boomers.

reply