Where There’s a Will, There’s a Weight

“Baby boomers — boosted by decades of rising house prices, strong stock markets and economic growth — control more than half of U.S. household wealth. When they die, a lot of that wealth is expected to go to their descendants. Estimates have predicted that $68 trillion to $84 trillion in money and assets will change hands over the next two decades.” So why are so many baby boomers not only dying with nothing, but forcing their would-be beneficiaries to dip into their own savings? Because aging in America has become costly. WaPo (Gift Article): As the cost of aging soars, families’ wealth is evaporating.