Great Expectations. Michael J. Weiss.
by Weiss, Michael J; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 51Family. Publisher: American Demographics, 2003ISSN: 1522-3213;.Subject(s): Assets (Accounting) | Baby boom generation (1946-1964) | Consumption (Economics) | Economic surveys | Generation Y (1979-1994) | Inheritance and succession | Medical care -- Cost of | Retirement | Silent generation (1925-1945) | WealthDDC classification: 050 Summary: "Realistic or idealistic? In recent years, economic researchers have debated the amount of money Baby Boomers will inherit from their parents with an exuberance once reserved for Internet stock touts....Now that the oldest Baby Boomers have turned 57 and are approaching retirement, this question is more pressing than ever. The answer will determine whether Boomers--the largest generation in U.S. history--can expect a cushy financial future or a bleak retirement." (AMERICAN DEMOGRAPHICS) This article considers the amount of money that will be left in inheritances to Baby Boomers and reveals "that a small army of lawyers, accountants and financial planners--as well as real estate brokers, travel agents and car salesmen--hope to profit from whatever wealth transfer does occur."| Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2004 Family Article 51 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: Great Expectations, May 2003; pp. 27-35.
"Realistic or idealistic? In recent years, economic researchers have debated the amount of money Baby Boomers will inherit from their parents with an exuberance once reserved for Internet stock touts....Now that the oldest Baby Boomers have turned 57 and are approaching retirement, this question is more pressing than ever. The answer will determine whether Boomers--the largest generation in U.S. history--can expect a cushy financial future or a bleak retirement." (AMERICAN DEMOGRAPHICS) This article considers the amount of money that will be left in inheritances to Baby Boomers and reveals "that a small army of lawyers, accountants and financial planners--as well as real estate brokers, travel agents and car salesmen--hope to profit from whatever wealth transfer does occur."
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