Over the next 20 years, the biggest intergenerational transfer of wealth in human history will unfold. It’s been dubbed “The Great Wealth Transfer”- but what does it mean for you?
My goal is to give my kids their inheritance when they enter adulthood. The goal is to start with no college debt, hopefully a nice bank account for a down payment on a house or similar, and just a nice boost into life like how it used to be. I don't want to leave a pile of money behind when I'm gone.
Maybe, this would reign-in the boundless greed of some contemporaries and their reckless brood but one caveat though: SHOW me an HONEST government ... 🤔🤔🤔
My goal is to give my kids their inheritance when they enter adulthood. The goal is to start with no college debt, hopefully a nice bank account for a down payment on a house or similar, and just a nice boost into life like how it used to be. I don't want to leave a pile of money behind when I'm gone.
That makes so much sense.
How will you know if you’ve left enough for you to live on?
When I don't have to move in with the kids!! 🤣
Poor people (not the abjectly poor of course) are the lucky ones: They do NOT have all these problems and can "enjoy" their simple, healthy life.
Carpe diem !!!
Very true. This will certain concentrate wealth in certain parts of society.
100% inheritance tax would solve it maybe.
Thomas Piketty's "Capital in the 21st. Century" deals with the issue.
A 100% inheritance-tax, IF used by an honest government for the benefit of the local public, why not ??
Wide-spread, post-mortem, coerced philanthropy so-to-say ...🤣🤣🤣
Maybe, this would reign-in the boundless greed of some contemporaries and their reckless brood but one caveat though: SHOW me an HONEST government ... 🤔🤔🤔
And maybe make it more palatable by allowing bigger tax free giveaways during your life.
I know!
There are a few big issues driving house prices in London.
The green belt preventing London from expanding outward
Lots of foreign money flowing in
One income households becoming two income households