With this massive wealth transfer happening--a trillion in Canada so I'm just going to assume far, far more in the U.S. and other countries with similar demographics--what happens if a big chunk of that capital gets pulled out of the market?
If boomers are cashing out and their heirs use the dough to pay down debt, buy stuff, etc., instead of reinvesting, how could that shape the markets over the next 10, 20, or 30 years? That’s a lot of money moving around - not exactly a drop in the bucket.
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