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The massive boomer wealth transfer will mostly benefit the already affluent, Visa report finds

The massive boomer wealth transfer will mostly benefit the already affluent, Visa report finds
Photo: CBS4 Miami · view original

The so-called "great wealth transfer" — the passing of assets from the baby boomer generation to their heirs — will mostly benefit younger Americans who are already affluent, according to a July report from Visa Business and Economic Insights.And while the wealth transfer will be signifi

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