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The Coming Wealth Transfer

https://www.flickr.com/photos/14945397@N00/

Much has been made about impact of the baby boom generation - on everything from the divorce rate to health care to politics to the workplace.  Well, here's another one:  the baby boom generation will have a huge impact on how money is redistributed in this country.  As boomers retire - or die - an estimated 59-trillion dollars will be passed on to heirs and to charities - 29-billion in Maine alone.   The phenomenon is known as the "wealth transfer."  We look at the effect of the wealth transfer - with those who are giving the money, those who are receiving it, and those who are overseeing the process among the groups directly involved.

Guests:  Sarah Ruef-Lindquist, CEO, Maine Women's Fund

Karen Milliken, CFA, Vice President and Portfolio Manager, R.M. Davis

Dana Baldwin, Program and Communications Director, Maine Philanthropy Center

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