Boomers’ massive wealth will mostly be passed down to people who are already rich

Baby boomers are set to pass trillions of dollars on to their heirs in the next two decades, but the huge transfer of riches will mostly benefit Gen X and millennial heirs who are already wealthy. A new analysis from Visa Business and Economic Insights finds that boomers, born between 1946 to 1964, will pass on $36 trillion...