The $105 Trillion Wealth Transfer: Who Stands to Gain?

The "great wealth transfer" refers to the anticipated $124 trillion that will be passed from older to younger generations over the next 25 years, primarily benefiting already wealthy families. This transfer, driven by baby boomers' accumulated wealth, will mostly benefit Gen Xers initially, with millennials and Gen Zers becoming major inheritors by 2039. However, the wealth will largely remain concentrated among the top 2% of households, raising concerns about equitable distribution. Many younger people expect inheritances, but financial planners caution against relying on them for financial security.