Why older Americans are passing along their wealth to their heirs now.
Across the United States, falling birthrates, longer life expectancy and ageing baby boomers are all contributing to a demographic change.
According to estimated projections, by 2034, there will be more Americans past retirement age than there are children.
Additionally, the great wealth transfer is underway. It’s also known as the intergenerational wealth transfer, and is the transmission of family assets from one generation to the next.
Bradley Shurman, the author of “The Super Age: Decoding Our Demographic Destiny” joins Veronica Dudo to discuss.
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