Rich people of different ages prefer to spend their money in vastly different ways
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Millennials, Gen X, and baby boomers all prioritize their long-term wealth goals differently, according to Boston Private's 2018 "The Why of Wealth" report.
Millennials focus on goals associated with "purpose" and "idealism," while older generations prioritize "personal and family-oriented goals."
However, spiritual fulfillment and achieving material well being rank low for all three generations.
High-net-worth millennials, Gen X, and baby boomers may all view wealth as...