3min chapter

Ones and Tooze cover image

Why Crypto Can't Buy Happiness

Ones and Tooze

CHAPTER

The Effect of Inheritance on Wealth

Only the top 50 % of households have any net worth at all. The impact of that lower down the social scale is more dramatic than it is higher up. However, what's absolutely clear is that the sooner you get the money, the better. About half of people in their twenties expect to get some sort of financial support from their families prior to inher since that makes the most difference.

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