The Great Wealth Transfer: How Millennials Will Benefit [Yahoo! Finance]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
The Great Wealth Transfer will happen when boomers and Gen Xers pass down their money, real estate and other property to millennials born between 1981 and 1996. Check Out: How Can You Withdraw Money From a Bank Account? 3 Ways To Know Read Next: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy The 2024 Wealth Report from real estate firm Knight Frank suggests that $90 trillion of assets will transfer from Boomers and Gen X to Millennials in the United States. This shift in wealth is expected to occur over the next 20 years, making Millennials the richest generation However, a significant portion of wealth — on the order of $68 trillion — will move to millennials by 2030, according to Coldwell Banker . In fact, Coldwell Banker estimates that “by 2030, millennials will hold 5 times as much wealth as they have today.” While you may stand to inherit some money in the Great Wealth Transfer, it's important to not rely on an inheritance in your financia
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COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website