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    How Do We Protect the Next Generation from Blowing Our Money?

    Aug 20, 2020 3 minutes

    Can you even imagine a billion dollars? If you earn $45,000 a year, it would take you 22,000 years to amass such a fortune. Well, now imagine $1 trillion. That’s 1,000 billion. One trillion divided evenly among the U.S. population would mean that everyone in the U.S. would receive a little over $3,000. Now imagine $68 trillion. If we use the same math, each person would receive about $200,000.  

    What is so magical about $68 trillion?  It is the amount of money that is projected will transfer.  Mind-boggling, at best. Generation X (born between 1965-1980) stands to be the primary beneficiary of this wealth transfer. But are they ready for that money?

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