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Home Team | PBD Podcast | Ep. 291
PBD Podcast
The Cost of Social Security
The Great Wealth Transfer will see baby boomers pass down $53 trillion by 2045 with adults expecting an average of $700,000. Only 21% of millennials and 18% of Gen Z feel very comfortable handling the funds as a report per New York live states that they may be more risk averse due to economic changes in their formative years. 50% expect cash 43% anticipate property 28% look forward to stock and bonds while 24% brace for life insurance proceeds.
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