Economists have talked about it as the greatest wealth transfer in history.
Baby boomers — boosted by decades of rising house prices, strong stock markets and economic growth — control more than half of U.S. household wealth. Estimates have predicted that $ 68 trillion to $ 84 trillion in money and assets will change hands over the next two decades.
But those estimates might not sufficiently account for the costs of growing old.
A Washington Post analysis of the finances of thousands of seniors … Read the rest