The $124 trillion Great Wealth Transfer won’t be a ‘big bang’ warns Northwestern Mutual CEO Tim Gerend

Business

The $124 Trillion Great Wealth Transfer Won’t Be A ‘Big Bang’ Warns Northwestern Mutual Ceo Tim Gerend

By Fortune

“I think the wealth transfer isn’t going to be just a big bang,” Gerend told Fortune. “It’s not like, we just passed peak age 65 and now all the money is going to move.” The reason is simple. People are living longer, and women generally outlive men, ...Read more

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