What the coming $68 trillion Great Wealth Transfer means for financial advisors
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For financial advisors, the transfer of wealth from baby boomers to their children over the next two decades is a bit like climate change: The consequences may eventually be huge, but it’s easy to ignore the issue in the short-term.
The youngest boomers are now 55 years old and the oldest are 73. In 2016, there were roughly 74 million boomers, according to…