Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Pension Consultant

Randall & Hurley, Inc.
(Remote / Liberty Lake WA / Helena MT)

Randall & Hurley, Inc. logo

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

Senior Defined Benefits Consultant

Loren D. Stark Company

Loren D. Stark Company logo

Plan Compliance Analyst (Administrator)


RPA logo

Client Service Specialist

EPIC Retirement Plan Services
(Remote / Norwich NY)

EPIC Retirement Plan Services logo

Retirement Plan Administrator - Senior Associate

(Norfolk VA)

PBMares logo

Retirement Plan Administrator

Excellent TPA

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

The Boomer Wealth Boom
Steven Malanga, in City JournalLink to more items from this source
July 12, 2021

"Baby Boomers ... leave behind a giant pile of money that the media have labeled 'the greatest wealth transfer' in modern history: a collective net worth that currently sits at $35 trillion, much of which will be passed down to their heirs.... Yet news stories about this wealth transfer are overlooking something basic: a simple explanation of how boomers accumulated this wealth amid a supposedly massive financial crisis spurred by the alleged inadequacies of our private-sector pension systems, which, four decades ago, began a shift from defined-benefit retirement plans to individual savings accounts."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.