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Susan Hirshman - 1 Hirshman - 1 Seth Wunder - 1 Eric Landolt - 1 Wunder - 1 it's - 1 Landolt - 1
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Schwab Wealth Advisory - 1 CNBC - 1 Employers - 1 UBS Global Wealth Management - 1

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☆ When to teach kids about money, according to the experts — and how to do it
  + stars: | 2023-06-02 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +4 min
Knowing how and when to start teaching to kids about money and identifying what money skills they need can be tricky, but experts say it is crucial for their futures. MoMo ProductionsKnowing how and when to start teaching kids about money and identifying what skills they need can be tricky. Ultimately, boosting your kid's financial confidence is crucial, experts say. When to teach money skills to kidsIt's clear how important the conversation about money truly is. Wunder said six is the age where kids start being able to grasp some money concepts.
Persons: Susan Hirshman, Hirshman, Seth Wunder, Eric Landolt, Wunder, it's, Landolt Organizations: Schwab Wealth Advisory, CNBC, Employers, UBS Global Wealth Management
☆ Boomers have more wealth ‘than any other generation,’ but millennials may not inherit as much as they hope
  + stars: | 2022-12-09 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +1 min
On the cusp of the greatest generational wealth transfer in history, baby boomers are set to pass more than $68 trillion on to their children. "It's a generation that has accumulated a greater percentage of wealth than any other generation ever has," said Mark Mirsberger, a certified public accountant and CEO of Dana Investment Advisors, referring to boomers. Studies show a growing disconnect between how much millennials expect to inherit in the "great wealth transfer" and how much aging boomers plan on leaving them. But 55% of baby boomers who plan to leave behind an inheritance said they will pass on less than $250,000. Tack on inflation, geopolitical uncertainty and fears of a recession, and boomers suddenly may be feeling less secure about their financial standing — and less generous when it comes to giving money away.
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