Don’t Expect Inheritances to Save the Boomer’s Bacon
March 6, 2007 posted by Dave
NEW YORK — They were trumpeted to become the first generation of American inheritors — coddled and swaddled and loaded with money handed down to them, the fabled baby boomers.
But a funny thing happened on their way to the fortune. Members of this generation, now about 42 to 60, never had much of a chance to inherit and invest the big money that they were supposed to have collected from their parents’ generous gifts and estates.
