Wealthy Gen X and millennials want to give their money away while they’re still alive. Boomers? Not so much

Older high-net-worth individuals may be stingier with their wealth, according to Charles Schwab, but they’re more likely to give it away without strings attached.

Are high-earning baby boomers stingier with their money than younger generations? Perhaps, according to a new report from Charles Schwab, which shows a sizable generational rift when it comes to passing along wealth.