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by dionidium 1088 days ago
The average age of inheritance is like 50 and the average sum inherited is like $40k (these numbers are from memory). I couldn't figure out what percentage of people ever receive an inheritance at all, but I don't think it's large.

Plainly, this is not generating "generational wealth" that's giving people an enormous head start.

These tropes are repeated uncritically because people want them to represent large effects.