|If you don’t want to invest in boomers, you could always just invest like them.
Treasurys — typically a fan favorite of retirees — are now offering yields hovering near 5%. The nearly risk-free investment looks increasingly appealing for the rest of us as more volatility hits the stock market.
Insider’s Filip De Mott has a full breakdown of how to get in on the action.
Bond investing might sound painfully boring to investors who came up during the meme-stock boom and are accustomed to double-digit returns.
But the stock market has become an even riskier endeavor than in years past. A combination of Big Tech concentration and outsized reactions to unanticipated developments has made the S&P 500 more volatile than in past decades.
Regardless of what you decide to do with your money, just don’t bank on getting more of it from your relatives.
The perceived great wealth transfer of younger generations inheriting money from boomers is a myth. Only the wealthiest families can expect to see life-changing money passed down.
As for the rest of us, one wealth management advisor who previously spoke to Insider summed it up nicely.
“They’ll often say: ‘My kids can have whatever is left over, but I’m not living my life in such a way as to try and preserve resources for them!’”