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The $100 Trillion Wealth Transfer: Who Stands to Gain?

1 min read
Source: CNBC
The $100 Trillion Wealth Transfer: Who Stands to Gain?
Photo: CNBC
TL;DR Summary

An estimated $124 trillion in wealth is expected to be inherited by family members and charities by 2048, with $2.5 trillion currently being passed down annually, according to Cerulli Associates. This massive transfer is set to significantly alter the landscape of American wealth, with more women, millennials, and Gen Z individuals becoming part of the newly affluent.

Topics:business#cerulli-associates#finance#gen-z#inheritance#millennials#wealth-transfer
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