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The great wealth transfer: a generation’s uneven inheritance

Over the next two decades, the world will witness one of the largest transfers of wealth in history. Baby boomers, who collectively hold trillions in assets, will pass this fortune down to their children and grandchildren. For millennials and Gen Z, generations that have come of age amid precarious work, soaring housing costs, and rising living expenses, this transfer represents both a lifeline and a stark reminder of deepening inequality. Globa…
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The Niagara Independent broke the news in Welland, Canada on Tuesday, October 7, 2025.
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