The reality of the matter is that the "great wealth transfer" is realistically 15-20 years away, so when Millenials are in their 50s/60s, and there is no wealth being transferred but mostly debt and liabilities. On the individual level the 4 times re-mortgaged devaluing concrete-wood box of the Boomer including taxes and an illiquid market, and the Boomers in real term deflationary ponzifolios, not to forget the costs to care for and burry the Boomer contrary to send them to the wood to die to be eaten by wildlife. On the political scale, same thing, all the BoomerX is leaving is debt and liabilites, completely uncovered, irrealistic to ever deflate on top of over the past 50 years legislated entitlements and other polity scams based on assumed future productivity, demand and reproduction that never occured. So what Millenials are actually inheriting is a pile of crap with no demand for and political organization that are unable to act, so a failed state and a failed ponziconomy that cannot be reformed, but has to be demolished one or another way.