| Baby Boomers are far and away the generation that’s most selfish when it comes to passing on their riches during their lifetimes. That’s according to a new survey from Charles Schwab, which found just 21% of boomers with at least $1 million in investable assets said they “want the next generation to enjoy my money while I’m alive.” That compares with 53% of millennials and 44% of Gen X Americans with assets in the same range. You would think that, with $105 trillion about to change hands, people would open their wallets a little more. But what might seem like stinginess could be thoughtfulness in disguise. |
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