Sugar daddies and mommies

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Boomers are the wealthiest generation ever. And they're funneling trillions to their adult children for down payments, school tuition, even monthly allowances. The Great Wealth Transfer is upon us. This episode was produced by Victoria Chamberlin and Devan Schwartz, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King. Transcript at vox.com/today-explained-podcast Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members Image of candy hearts by Erica Thostesen/Shutterstock. Learn more about your ad choices. Visit podcastchoices.com/adchoices