Caregiver Warren Manchess helping Paul Gregoline leave the bedroom, in Noblesville, Ind. (AP Photo/Darron Cummings)

For years, it’s been said the baby boomer generation is going to set in motion the largest wealth transfer in American history. Now, I’m thinking, maybe not so much.

The Insured Retirement Institute – in its report “Boomer Expectations for Retirement 2014: Fourth Annual Report on the Retirement Preparedness of the Boomer Generation” issued this month – found that “while more may be planning for retirement, fewer Boomers in 2014 believe leaving an inheritance to loved ones is important. In prior years, around two-thirds of Boomers believed this to be important, while only 46 percent of Boomers shared this opinion in 2014.”

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