Recent analyses and reports highlight a significant financial shift, with Millennials poised to become the wealthiest generation in history. This shift is attributed to an estimated $90 trillion in assets expected to be transferred from Baby Boomers to Millennials over the next 20 years, according to Knight Frank. Key factors contributing to this wealth transfer include Millennials inheriting mortgage-free homes and Baby Boomers' increasing participation in cryptocurrency markets, notably through substantial investments in Bitcoin (BTC) and potentially Ethereum (ETH) via platforms like Schwab and Fidelity. This generational wealth transfer is not only redefining the financial landscape but also the dynamics of investment, with Millennials at the forefront of benefiting from these changes.
The demographic thesis for crypto (millennials inheriting boomer wealth) appears to be getting pulled in as boomers are increasingly participating in ze crypto markets lol https://t.co/SYbDSvnZVb
Millennials set for property windfall as baby boomers pass on mortgage-free homes https://t.co/vyFpEkugLo https://t.co/GNpIvZ5Ye8
Boomers Are Expected To Pass $90 Trillion In Assets Onto Millennials — Leaving Them To Become The 'Richest Generation In History' https://t.co/3gpyXIk5wS via @YahooFinance
$90 trillion worth of assets is expected to trickle down in the next 20 years from boomers, with millennials set to be the winners of this wealth transfer, per Knight Frank.
boomers literally buying billions of dollars of BTC via Schwab and Fidelity and hopefully ETH next and you are looking for top signals on the App Store the meta has changed and your voice on this site is less important than ever to the future of crypto don’t be sad- be happy
A new analysis suggests that Millennials, far from being the poorest or unluckiest generation, are dramatically wealthier than Gen-Xers were at the same age. | @veroderugy https://t.co/aCNIEkZFzf