Baby Boomers Have Financial Superpowers
by Neale Godfrey, Financial Literacy Expert, President & CEO, Children's Financial Network Inc.
May 08, 2018
3 minutes
Albert Einstein is credited with saying that compound interest is "the most powerful force in the universe." I would add that education, combined with the miracle of compounding, may be the real power we are seeking. Who can have this superpower? Baby Boomers.
Baby Boomers are in the midst of making the largest transfer of wealth that this nation has ever experienced. It's estimated that the transfer of wealth to our offspring could be as high as $30 trillion.
I'm not hung-up on the exact amount;
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