7min chapter

Wealthion - Be Financially Resilient cover image

2024 Facing "A Recipe For Turmoil" | John Rubino

Wealthion - Be Financially Resilient

CHAPTER

Generational Wealth Transfer and the Economy

This chapter explores the potential impact of generational wealth transfer from boomers to their children on the economy, discussing factors such as healthcare costs and the stimulative effect of spending. It also examines the trend of parents helping their adult children buy houses and the consequences of high levels of borrowing.

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