What do you think the implications are of the transfer of wealth from the baby boomers to the next generations . IMO the baby boomers as a whole are the most prepared for retirement of any generation before or since with many many structured retirement plans often containing as much as 1/3 low return low risk investments . I don't see these younger investors leaving money in CDs, bonds , precious metals , many are eaven liquidating land . Their parents and many cases grand parents didn't go through the depression and i dont think they fear a collapse of the stock market like my parents did . Instead they grew up listening to people that regretted not investing more in 2008 or stories of the unfortunate folks that panicked and got out of the stock market for fear it would totally collapse

At our holiday get togethers this year i was alittle impressed with my kids and their friends when they started started compairing e trade portfolios that it wasnt all gamestop , Reddit and crypto. But more about real growth taking advantage of volatility and dividends . They would all see 2008 as a buying opportunity.

I personly think we would be in an inflationary cycle right now eaven without pandemic welfare , just from this massive transfer of generational wealth . I also think it is the root cause of the labour shortage thats only getting worse . The labour shortage will get much worse as the 60 ,70 ,and 80 something folks quit work and or pass on and many many 40 ,50,60 somethings inherit ready made retirement plans or sell mom and dads farm and take an early retirement . Often as perents pass on you have several children liquidating their parents assets and rounding out their own retirement .
This post is just some ideas floating around in my head that I think is effecting our economy profoundly that no body is talking about and i just wanted to sre what the guys that know money think

Id have to disagree, baby boomers are some of the most unprepared age group for retirement and its well documented. Also what investor is going leave money in a CD that is 0.01 percent return currently and will be for the unforeseen future.

I have to agree as my investment broker stated that most baby boomers have little or no interest in investing in the stock market. They would rather invest in monetary wealth like new cars, trucks, campers, UTV's and such. Most seem to have the investment strategy os spend what I have and hope to inherit their parents wealth.

Lots of boomers have pensions, so they don't have to worry as much.. The younger don't.

Wrong or right I consider a baby boomer 65 to 80 and the only ones that age I see going spend crazy have good pensions , annuities or a sizable inheritance a few years ago many are pulling in more money now than they were when they were normal working age . I understand many are not .
The point I want to talk about is we are starting the largest transfer of generational wealth this country has ever seen . There is a huge bubble of our population that is neering and surpassing the average human lifespan . The transfer of generational wealth over the next decade is going to effect the economy in ways we have never seen before .

And the government keeps trying to change the laws so they can get it back.

all my old relatives are broke though

You don't "Invest" in things with motors or engines that plummet in value, that's consumption

I invest in low cost whole stock market index funds, boring but plan to retire with multiple millions

Check out this guy and his book Simple Path to Wealth if you are interested...

Perhaps things will improve. Most of the baby boomer generation is very ignorant in terms of labor and finance. Like you said, the younger people at the dinner table impressed you. Its because most baby boomers don't even have a grip on the basic concepts these kids are talking about. Maybe the FED and overlords running the markets will be held more accountable, but that's probably wishful thinking. At the very least the new generation will know they are getting screwed unlike many of their parents.

It doesn't matter which generational group we look at the average member of that group doesn't have enough saved for retirement.

The transfer of wealth probably won't affect the economy as much as caring for the largest generation that is getting old.

Their parents didn't get screwed, the transfer of wealth already has happened through deficit spending, unfunded government liabilities and quantitative easing.

We are headed into times that we have not seen in our life time. Ray explains it well and his new book is outstanding. Here is an interview with Lex about his new book. https://www.youtube.com/watch?v=TISMidxdZoc

You are 100 percent correct Steven