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Fortune
Fortune
Preston Fore

The Great Wealth Transfer is on hold, says Charles Schwab

Granddaughter embracing grandfather at home (Credit: Getty Images)

Baby Boomers are trying to figure out what to do with their wealth: Give it to their kids now, or wait until they pass on. 

It’s a nice problem to have, surely, but when it concerns the $80 trillion Great Wealth Transfer the indecision could have major ramifications for both heirs and the rest of the U.S. economy. One study found that for many Boomers, the question has already been decided: Hurry up and wait, kids.

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