Millennials' Wealth Transfer Concerns
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baby boomer parentsInsider
•Business
Business & Economics
I wrote about millennials' real estate woes. Then I felt the wrath of Gen X.
67% Informative
Boomers own a whopping $19.7 trillion worth of US real estate, or 41% of the country's total value.
Gen Xers may inherit a portion of boomers' riches, but economists and demographers say the vast majority will end up in the hands of millennials.
"I know Gen X is the forgotten generation," one Gen Xer writes.
"There's a lot of financial pressure on this generation, actually," Jessica Lautz says.
Every generation goes through its own Sandwich Generation moment, caught at the life stage when its members are relied upon by both their parents and their children.
Gen Xers aren't known for making a fuss, but they've kept their heads down, grinding through their careers.
VR Score
79
Informative language
83
Neutral language
46
Article tone
informal
Language
English
Language complexity
34
Offensive language
likely offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
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Time-value
short-lived
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no external sources
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