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PRESENTERSĀ RESOURCES

FPA Super CE Day 2024

Sabrina Teekah

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Link to Articles & Other Resources

Summary of the key points from the article:Ā 

  • The "Great Wealth Transfer" involves trillions of dollars being passed from Baby Boomers to younger generations.
  • This transfer is not just financial but includes creating memories through "giving while living."
  • Many Boomers prefer spending their wealth on shared experiences like multigenerational travel.
  • Travel is increasingly popular post-pandemic, with grandparents often organizing and funding family trips.
  • "Skip-gen" travel is on the rise, where grandparents vacation with grandchildren, skipping the middle generation.
  • Wealth is being transferred in more diverse ways beyond just money, including experiences and family bonding.
Read the Full Forbes Article
Read the Northwestern Mutual article about - As $90 Trillion "Great Wealth Transfer" Approaches...
2024 Study of Wealthy Americans A generational divide in investing, giving and preserving wealth. (Bank of America)
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