PRESENTERSĀ RESOURCES
FPA Super CE Day 2024
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.