The concept of a "great wealth transfer" has long been touted as a solution to societal issues, with many expecting older generations to pass down their wealth and assets to younger individuals. However, a recent MarketWatch article suggests that this assumption may be flawed, highlighting how inflation and changing values have eroded the purchasing power of traditional wealth markers like a million-dollar inheritance.

Source: https://www.marketwatch.com/story/a-million-bucks-isnt-what-it-used-to-be-what-if-the-great-wealth-transfer-weve-been-waiting-for-isnt-so-great-83e33bef?mod=mw_rss_topstories