The Great Wealth Transfer Has STARTED (Here is How to Take Advantage of It)
The Personal Finance Podcast
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Millennials and Baby Boomers Control 53% of the Nation's Wealth
21.9% of all people living in the US are millennials, but they only control 4.6% of the nation's wealth. When baby boomers were at the same age, they control 21.4%. Millennials own 12.5% of real estate; Baby boomers own 43.2% of real Estate. This is something that over time potentially could change. We're not here to predict the future. What we're here to do is figure out what can you do about it? If you haven't heard our episode, we talk about buy versus rent.
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