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LMFAO! I don’t know about you but both of my parents and my wife’s parents are flat broke
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GenX to receive wealth… Yhea right
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Yes individual cases vary widely, but my comment is about the 'overall' impact of the wealth transfer...84 trillion dollars...compared to a nursing home industry that is worth about $700 billion today....the 'Great Wealth Transfer' will not be eaten up by nursing homes.
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I agree everyone on Reddit overestimates how much nursing homes will take in the 'Great Wealth Transfer' the entire industry is minuscule compared to the wealth held in the 10's of trillions.
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