Skip to main content

in reply to Vee

doesn't that sorta self-correct as the Boomers die of old age? Their kids will inherit everything.
in reply to Howard Chu @ Symas

@hyc when we're old and sick ourselves and cannot live a good life? If they haven't spent it on their many holidays? After inheritance tax?

The answer to your question is no. We're mostly not gonna inherit it and even if we did it would be too late, long after we really needed it to live an acceptable quality of life.

in reply to Vee

this isn't adjusted to take into account the age of the ultra wealthy who are more than likely older. Their mega wealth skews those numbers
in reply to Vee

this is why elderly care homes are private and so expensive. Transfer of boomer wealth to capitalists so it cannot be inherited.