LogFAQs > #979485382

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Topic	Predict: Will you be able to retire without having to work?
emblem-man 03/21/24 10:47:13 AM #36:	Naysaspace posted... Millennials are in line for the largest generational wealth-transfer in the history of mankind. While many millennials are broke and their parents are not liquid, they are set to inherit trillions in property and assets. I don't think most millennials are broke. But I do agree that they will see a large influx of cash due to inheritance. Zwijn posted... Which they will immediately have to sell because they cant afford the inheritance tax depending on the country. In the US, it's only taxed if it's above like 11 million. We should decrease that threshold and tax it earlier tbh. --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.png haters gonna hate <cite>emblem-man posted [p:979485382] in Predict: W... [t:80726671]...</cite> <quote>Naysaspace posted... </cite><quote>Millennials are in line for the largest generational wealth-transfer in the history of mankind. While many millennials are broke and their parents are not liquid, they are set to inherit trillions in property and assets.</quote>I don't think most millennials are broke.But I do agree that they will see a large influx of cash due to inheritance.Zwijn posted... </cite><quote>Which they will immediately have to sell because they cant afford the inheritance tax depending on the country.</quote>In the US, it's only taxed if it's above like 11 million. We should decrease that threshold and tax it earlier tbh. --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.pnghaters gonna hate</quote> ... Copied to Clipboard!
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