Why Millennials Don't Want Family Heirlooms
Newsy
Millennials aren't as interested in getting hand-me-down items as past generations, as lifestyles have sped up and tastes have changed.
This point in time is being called "The Great Wealth Transfer." By 2030, millennials will inherit over $68 trillion from their baby boomer parents. This is the greatest wealth transfer from generation to generation ever seen.
To be fair, millennials have had their fair share of financial hurdles that previous generations haven't faced like college debt and rising housing costs so this inheritance might be a nice little boost.
While millennials are on track to inherit a good chunk of change, one thing they aren't as interested in inheriting is family heirlooms.
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