11min chapter

The WealthAbility Show with Tom Wheelwright, CPA cover image

The Great Wealth Transfer

The WealthAbility Show with Tom Wheelwright, CPA

CHAPTER

The $100 Trillion Wealth Transfer and Impact on Capitalism

The chapter delves into the impending $100 trillion wealth transfer from boomers to Gen Z and millennials, discussing its profound influence on capitalism. It explores the shifting priorities and motivations of the younger generations towards justice, equality, and social issues, contrasting with the profit-focused mindset of the older generations. The conversation emphasizes the importance of maintaining trust in capitalism while adapting to the socially conscious and energetic nature of the younger generation.

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