The baby boomer generation has become the richest in history. In recent years there has been some degree of animosity between the boomer generation and their younger millennial counterparts. The millennial generation have been much less well off than their parents and are often stereotyped as living beyond their means. But this could all be about to change. Now younger people are expected to inherit billions from their parents. It’s expected to be the largest transfer of wealth in human history. But that won’t be shared out equally… So, what are the social and economic implications of The Great Wealth Transfer?
Lucy Hockings speaks with BBC business correspondent Erin Delmore and the BBC's population correspondent Stephanie Hegarty. They discuss what The Great Wealth Transfer could mean for the millennial generation.
Producers: Richard Moran, Eleanor Sly and Alice Aylett Roberts
Sound engineer: Ricardo McCarthy
Assistant editors: Richard Fenton-Smith and Sergi Forcada Freixas
Senior news editor: China Collins
