Boomers are increasingly interested in providing early inheritances to help millennials during critical phases of their lives. Financial uncertainties and taboos hinder conversations about finances between families. Millennials often delay having children or limit family size due to financial pressures. While 70% of parents expect to leave an inheritance, only 8% have actually done so, and only 4% of adults have asked for it. This disconnect highlights the need for open financial discussions and planning among families.
There are people right now who are just not having families because they worry about the money, and then someday they're going to be 55 and inherit a shitload of money from their parents.
70% of parents expected to leave an inheritance to their children when they die, and 76% indicated they'd be open to considering passing down that inheritance early.
Collection
[
|
...
]