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Thursday, October 22, 2026Updated 11:44 UTC

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Gen Z and millennials expect to inherit $124 trillion—but retired boomers are ‘spending their kids’ inheritance’ to go on vacation instead

Source: Fortune · Oct 22, 2026 07:01 UTC

Torn U.S. one-dollar bill on a white background — File photo Images_of_Money / Flickr · CC BY 2.0 · Source

The Quick Take

Retired boomers are Ski-ing—"spending the kids’ inheritance." It will be a huge shock to millennial and Gen Z who expect a $124 trillion wealth transfer.

Read the full story at Fortune

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