Personal finance: A tsunami of wealth - and where it goes
Baby boomers are not only getting older - they are getting wealthier. As they reach retirement age, they bring along with them a tsunami of wealth that needs to be invested, spent, and finally bequeathed to their heirs or charity. Liz Koh is along to talk about where their money is going and some of the issues it raises. Liz Koh is a money expert specialising in retirement planning. The advice given here is general and does not constitute specific advice to any person.