The Great Wealth Transfer Opportunity
“Dozens of billions of dollars of fraud per year... the greatest wealth transfer in history is coming in the next 10 years, moving between baby boomer spouses because the men are dying sooner.”
Transcript
There are huge opportunities just in the small category of things like elder fraud, right? You know, dozens of billions of dollars of fraud per year. The greatest wealth transfer in the history coming in the next 10 years of wealth moving between baby boomer
spouses as, sorry, to tell you my friend, but the men are dying sooner. So they're passing first to their wives, then it's going to go to the millennial. So there's a lot of money on the move. And those are, you know, huge outcomes, right? We think about estate planning, fraud protection,
just the day-to-day active financial caregiving, paying bills, keeping track of accounts, dealing with insurance. And so there's a lot of automation and interesting tech, like in that one tiny vertical