Business Rundown: Okay, Boomer! The $85 Trillion Economic Engine
A new study shows that Baby Boomers are the wealthiest generation in American history, collectively accumulating an estimated $85 trillion. Their wealth has eclipsed that of the Silent and Greatest Generations, accounting for more than 70% of the country’s total wealth. Nancy Tengler, CEO and Chief Investment Officer of Laffer Tengler Investments, joins FOX Business Network’s Gerri Willis to discuss the future of that money, its potential impact on the economy, and how younger generations can prepare for the upcoming wealth transfer. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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