‘The real generation gap is about expectations’: What happens to retirement if we live to 130?

The “Great Wealth Transfer” from Baby Boomers to subsequent generations has been sold as the easy part of retirement. Boomers hold the money, and the money will move down to their children someday increasingly soon—or at least that’s the idea. Joe Coughlin, who founded MIT’s AgeLab in 1999, thinks even the size of the handoff will prove slippery. Estimates range from $36 trillion to $124 trillion, and he chuckled at the spread in a recent interview with Fortune . The bigger problem, explained one of the world’s foremost experts on longevity, is timing.

Source: Fortune Crypto