Why Boomers Might Consider Giving Their Kids Money Earlier

Entrepreneur and *Die with Zero* author Bill Perkins discussed on Today, Explained why he believes parents should consider early wealth transfers to their offspring. He explains that the optimal window for converting money into meaningful experiences lies between ages 28 and 33, when mental acuity and physical capability peak. Waiting until parents are in their 60s, he says, means the inheritance arrives when much of life’s potential is already behind them, and the compounded growth could have been larger earlier.

While recognizing the unpredictability of death, Perkins recommends a thoughtful, formula-driven allocation that aims to bring a parent’s net worth close to zero while still preserving a safety cushion. He also notes that the decision to leave an inheritance is personal, but those who intend to give should view it as a gift of opportunity rather than a posthumous bequest.