That Great Wealth Transfer Might Not Happen

 1) There could be less money to transfer. Dow futures this morning are again down. This time almost 500 points. Plenty of Debbie Downers are predicting a crash. It takes time for investments to bounce back. A crash is a whole different entity than a correction.

2) Illness during longevity might wipe that wealth. And,

3) Those who were supposed to inherit actually are taking on debt to finance care for parents.

Recall the iconic Billie Holiday song: God bless the child who has his own.

In coaching I guide financial independence.

UPDATE:

Dow Jones Industrial Average Index

Index: DJI
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51,863.44
USD -355.14 (-0.68%) today

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