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Kiplinger
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- 1The $124 Trillion Wealth Transfer Begins Early●The $124 Trillion Wealth Transfer: Why Retirees Aren't Waiting to Pass It On
An estimated $124 trillion is set to move from older Americans to younger generations in what analysts call the largest wealth transfer in history. Reporting from Kiplinger highlights that many retirees are not waiting until death to pass on their money, instead giving gifts and transferring assets to heirs during their lifetimes. The trend reflects concerns about taxes, longevity, and a desire to help children and grandchildren sooner.