Boomer Parents: It’s Time to Cough It Up
About this episode
The episode discusses the anticipated wealth transfer from Baby Boomers to their children and answers listener questions about investments and quality of life changes.
Bad news for the people hoping their parents die soon. Americans have been anxiously awaiting the so-called "great wealth transfer," where trillions of dollars are expected to pass down from Baby Boomers to their kids. Plus, caller questions: Toby asks whether sterling silver jewelry is actually a worthwhile investment, and Dave wants to know whether taking a pay cut to improve his quality of life is financially realistic. Have a money question? Email us here. Subscribe to the Money Moves YouTube channel HERE .
People in this episode
Host: Jill Schlesinger
Topics covered
- wealth transfer
- financial advice
- investment
- quality of life
- baby boomers
Keywords
- wealth transfer
- Baby Boomers
- investment advice
- financial planning
- quality of life
Mentioned in this episode
Organizations: CBS News
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