/biz/ - Business & Finance

>>12676054
>(Please note that you cannot transfer BAT out of your Brave wallet. The Brave BAT wallet is unidirectional (as was the Brave Rewards Bitcoin proof-of-concept system), and its sole purpose currently is to anonymously and securely contribute to publishers of websites of your choosing.)

>That $30 trillion 'great wealth transfer' is a myth

>Baby boomers, the wealthiest generation in history, may be worth $30 trillion, but heirs shouldn't count on getting most of that in inheritance.

>Americans now approaching, or are in early retirement, are more likely to spend their money on themselves than pass it on — and they have many years left to live.

>According to a recent Gransnet survey of 1,000 grandparents ages 50–70, 1 in 6 plans to spend all their money before they die. Meanwhile, a Hearts and Wallets study of participants in their 50s and 60s found only 40 percent planned to leave inheritances, while 30 percent specifically expected to spend all their money.

https://www.cnbc.com/2018/05/22/that-30-trillion-great-wealth-transfer-is-a-myth.html