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The Great Wealth Transfer: Will it divide millennials?

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Manage episode 473376545 series 3533342
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The baby boomer generation has become the richest in history. In recent years there has been some degree of animosity between the boomer generation and their younger millennial counterparts. The millennial generation have been much less well off than their parents and are often stereotyped as living beyond their means. But this could all be about to change. Now younger people are expected to inherit billions from their parents. It’s expected to be the largest transfer of wealth in human history. But that won’t be shared out equally… So, what are the social and economic implications of The Great Wealth Transfer? Lucy Hockings speaks with BBC business correspondent Erin Delmore and the BBC's population correspondent Stephanie Hegarty. They discuss what The Great Wealth Transfer could mean for the millennial generation.

Producers: Richard Moran, Eleanor Sly and Alice Aylett Roberts

Sound engineer: Ricardo McCarthy

Assistant editors: Richard Fenton-Smith and Sergi Forcada Freixas

Senior news editor: China Collins

  continue reading

388 episodes

Artwork
iconShare
 
Manage episode 473376545 series 3533342
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The baby boomer generation has become the richest in history. In recent years there has been some degree of animosity between the boomer generation and their younger millennial counterparts. The millennial generation have been much less well off than their parents and are often stereotyped as living beyond their means. But this could all be about to change. Now younger people are expected to inherit billions from their parents. It’s expected to be the largest transfer of wealth in human history. But that won’t be shared out equally… So, what are the social and economic implications of The Great Wealth Transfer? Lucy Hockings speaks with BBC business correspondent Erin Delmore and the BBC's population correspondent Stephanie Hegarty. They discuss what The Great Wealth Transfer could mean for the millennial generation.

Producers: Richard Moran, Eleanor Sly and Alice Aylett Roberts

Sound engineer: Ricardo McCarthy

Assistant editors: Richard Fenton-Smith and Sergi Forcada Freixas

Senior news editor: China Collins

  continue reading

388 episodes

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