{"id":147314,"date":"2024-10-06T00:00:30","date_gmt":"2024-10-05T17:00:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tiktok-is-full-of-advice-on-how-to-retire-early-the-truth-is-you-just-need-rich-parents-torsten-bell\/"},"modified":"2024-10-06T00:18:36","modified_gmt":"2024-10-05T17:18:36","slug":"tiktok-is-full-of-advice-on-how-to-retire-early-the-truth-is-you-just-need-rich-parents-torsten-bell","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tiktok-is-full-of-advice-on-how-to-retire-early-the-truth-is-you-just-need-rich-parents-torsten-bell\/","title":{"rendered":"TikTok is full of advice on how to retire early. The truth is you just need rich parents | Torsten Bell"},"content":{"rendered":"


\nFuture finances will be shaped by inheritance, but millennials shouldn\u2019t hold their breath, they\u2019ll have to wait until they\u2019re 61\u201cHere\u2019s how to retire early,\u201d promise TikTok\u2019s financial influencers. But the life hacks offered never cover the most important advice: pick the right parents. Because looking ahead, inheritances will decide who does, and doesn\u2019t, get a decent gap between the carriage clock and grim reaper.Household wealth has surged in Britain in recent decades, to total over \u00a315tn, while wealth inequality is twice as high as income inequality (that\u2019s before we recognise that official figures underestimate the assets of the very top by \u00a3800bn). Wealth gaps have also stretched between young and old: home ownership rates for young adults have plummeted, while a staggering one in six baby boomers own a second property. Continue reading…
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\nSource : theguardian.com
\nRead more…TikTok is full of advice on how to retire early. The truth is you just need rich parents | Torsten Bell<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Future finances will be shaped by inheritance, but millennials shouldn\u2019t hold their breath, they\u2019ll have...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-147314","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ck2","jetpack-related-posts":[{"id":144999,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-some-inheritance-regimes-are-more-unequal-than-others\/","url_meta":{"origin":147314,"position":0},"title":"Why some inheritance regimes are more unequal than others","date":"June 8, 2024","format":false,"excerpt":"\r Wealth matters, but its effects on long-term growth can be surprisingly complicated, new research findsWealth is a big deal: household wealth in Britain has surged in recent decades to over \u00a315tn. And it\u2019s unequal, with wealth inequality twice as high as income inequality.This matters. What wealth you can inherit,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112933,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/69-of-singaporeans-feel-they-cannot-retire-comfortably-survey\/","url_meta":{"origin":147314,"position":1},"title":"69% of Singaporeans feel they cannot retire comfortably: Survey","date":"December 7, 2019","format":false,"excerpt":"\r 60% of Singaporeans are not prepared for retirement, while 69% feel that they cannot retire comfortably, according to a survey done by digital wealth manager, Syfe, which was published on Wednesday (4 Dec).\u00a0 The survey, which uses an index developed by Syfe to measure retirement readiness at four levels,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-asset-wealth-and-falling-real-wages-drive-inequality-in-britain\/","url_meta":{"origin":147314,"position":2},"title":"Rising asset wealth and falling real wages \u2018drive inequality in Britain\u2019","date":"November 9, 2022","format":false,"excerpt":"\r Young people no longer able to rely on hard work to improve their living standards as they age, says IFSWorking for a living has become a harder way to grow rich in modern Britain amid rising wealth inequality over the past decade, according to research published today that warns\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rise-in-inherited-wealth-likely-to-widen-inequality-gap\/","url_meta":{"origin":147314,"position":3},"title":"UK rise in inherited wealth likely to widen inequality gap","date":"January 5, 2017","format":false,"excerpt":"\r A glut of inherited wealth from a decades-long house-price boom is set to worsen inequality in the United Kingdom, according to the Institute for Fiscal Studies.Young people today are more likely to receive an inheritance than earlier generations, and those that receive the biggest ones are already the most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-cartel-is-pushing-wealth-inequality-to-the-brink\/","url_meta":{"origin":147314,"position":4},"title":"Hong Kong\u2019s property cartel is pushing wealth inequality to the brink","date":"November 17, 2017","format":false,"excerpt":"\r When a Hong Kong government cabinet secretary mocks my ideas on how to reduce poverty and improve equality on a television show it is worth examining whose version of economic reality we are living in. I recently participated in a Channel News Asia panel interview about economic inequality in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86709,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-can-it-be-the-answer-to-wealth-inequality\/","url_meta":{"origin":147314,"position":5},"title":"Inheritance tax: can it be the answer to wealth inequality?","date":"April 28, 2018","format":false,"excerpt":"\r Reports say we should use it to redistribute between generations \u2013 could we ever grow to love it?It is Britain\u2019s most hated tax, yet hardly anyone pays it. Until recently, this paradox appeared to make raising more money from inheritance tax a no-go zone. Yet leading thinktanks are now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147314"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=147314"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}