You've seen the headlines: trillions of dollars about to pass from baby boomers to the next generation. Jacob Schroeder sees it differently. He says it's less of a flood and more of a river with levees.
Jacob is Editor in Chief of Fidūcia Press, Founder and Editor of The Advisor Content Collective, and a Contributing Writer at Kiplinger. He also writes The Root of All on Substack, where he covers money, meaning, and the decisions in between.
The real numbers tell a quieter story than the headlines. The average inheritance arrives around age 60, well after most people buy homes, raise kids, or start businesses. Roughly 2% of households may receive about half of all inherited wealth. The average inheritance comes in near $46,000, compared with roughly $700,000 for the top 1%.
Having money doesn't mean feeling confident about it, either. Jacob explains why even a $5 million portfolio doesn't guarantee someone feels ready to retire, and what advisors can say to clients when markets drop and nerves follow.
For RIAs, the conversation turns to content. Jacob talks about how firms find their voice, why consistent writing builds trust before a client ever picks up the phone, and what it takes to turn that body of work into a book.