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Timothy Steele

Investment Advisor Representative

 

HBW Advisory Services LLC

3017 Douglas Blvd, Suite 100

Roseville, CA 95661

 

Phone:  916-550-3456

Cell:      916-250-0953

Fax:      801-527-5618

 

Email: timothy.steele@hbwadvisory.com

Website: www.myHBWadvisor.com

July/August 2024

What Will They Do with Their Inheritance

What Will They Do with Their Inheritance

The children of baby boomers are set to inherit significant wealth from their parents over the next decades.


How do they plan to use their inheritance?

  • Pay off debt: 37%

  • Supplement retirement savings: 35%

  • Pass it to others: 26%


How do they feel about handling their inheritance?

  • Very comfortable handling a windfall: 39%

  • Not prepared to handle a windfall: 58%


Source: Dailymail.com, October 2023


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