Boomer Parents: It's Time to Cough it Up | Money Moves with Jill Schlesinger
Americans have been anxiously awaiting the so-called "great wealth transfer," where trillions of dollars are expected to pass down from Baby Boomers to their kids. But people are living longer and holding onto their assets.
Reported by 1 outlet — CBS News. See all sources ↓
Americans have been anxiously awaiting the so-called "great wealth transfer," where trillions of dollars are expected to pass down from Baby Boomers to their kids. But people are living longer and holding onto their assets. Jill says it's time to start opening up the purse strings now. Plus, caller questions: Toby asks whether sterling silver jewelry is actually a worthwhile investment, and Dave wants to know if taking a pay cut to improve his quality of life is financially realistic.
Read the full report at CBS News ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Americans have been anxiously awaiting the so-called "great wealth transfer," where trillions of dollars are expected to pass down from Baby Boomers to their kids. But people are living longer and holding onto their assets.
- How widely is it covered?
- 1 outlet, average source rating 8.0/10.
- When was it last updated?
- 14m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
Boomer Parents: It's Time to Cough it Up | Money Moves with Jill Schlesinger
Sources1TypeCoverageCBS News