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Over the next couple decades, an unimaginable amount of wealth will be inherited from the Boomer generation... will you get any of it?
Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC®
Directors: Katie Graham & Andrew Matthews
Written by: Andrew Matthews
Executive Producer: Amanda Fox
Produced by: Katie Graham
Edited & Animated by: Steven Simone
Fact checker: Yvonne McGreevy
Executive in Charge for PBS: Maribel Lopez
Director of Programming for PBS: Gabrielle Ewing
Assistant Director of Programming for PBS: John Campbell
Images by: Shutterstock
Music by: APM
Two Cents is a production of Spotzen for PBS Digital Studios
sources:
https://www.nbcnews.com/business/consumer/generational-wealth-transfer-baby-boomers-cant-save-gen-x-millennials-rcna128099
https://www.nytimes.com/2024/04/28/business/retirement-millennials-baby-boomers-wealth.html
https://www.forbes.com/sites/jackkelly/2023/08/09/the-great-wealth-transfer-from-baby-boomers-to-millennials-will-impact-the-job-market-and-economy/?sh=129daebe3e4a
https://www.cerulli.com/press-releases/cerulli-anticipates-84-trillion-in-wealth-transfers-through-2045
https://www.nytimes.com/2023/05/14/business/economy/wealth-generations.html
https://dqydj.com/historical-home-prices/
https://www.businessinsider.com/typical-baby-boomer-net-worth-debt-real-estate-retirement-2021-12
https://www.census.gov/library/stories/2019/12/by-2030-all-baby-boomers-will-be-age-65-or-older.html
https://www.ncoa.org/article/does-medicare-cover-nursing-homes-what-older-adults-and-caregivers-should-know
https://www.aplaceformom.com/caregiver-resources/articles/nursing-homes-cost
https://www.fidelity.com/viewpoints/personal-finance/plan-for-rising-health-care-costs
https://www.rbcwealthmanagement.com/en-us/insights/the-real-cost-of-health-care-in-retirement#:~:text=According%20to%20the%20report%2C%20those,over%20the%20age%20of%2085.
https://www.payingforseniorcare.com/live-in-caregiver