Three decades from now, a subtle shift will have taken root in our economy. It will start slowly, with billions of dollars changing hands annually, and then move to amass over $14 trillion by 2031. Millennials are expected to be the core beneficiaries of a coming $30 trillion transfer of wealth between generations, according to Accenture’s report on the “Greater Wealth Transfer.” This begs the question: How will Millennials impact — and possibly disrupt — finance and philanthropy in the coming decades?
Twenty years from now, Millennials could be swimming in up to $30 trillion, and what they do with it will change the financial and charitable giving markets. Here are three trends to look for: Diplomatic Courier