Originally Published PR Week
Much has been written about the unprecedented transfer of wealth that will soon gain momentum as a generation of baby boomers passes along a lifetime of upward mobility to its children and grandchildren. While the financial turmoil of the last few months has trimmed many nest eggs, it still promises to be quite a haul for the Gen-Xers and Millennials.
But we baby boomers have another precious holding in our portfolios, one that hasn’t lost any of its value as the markets have tanked. It is the sum total of our vast knowledge and experience, gained through years of trial and error in the all-too-real world in which we have lived and practiced. (more…)