Great Wealth Transfer
Economic trend
Great Wealth Transfer
The Great Wealth Transfer is an intergenerational wealth transfer that is underway in the United States, among other nations, with the baby boomer generation leaving significant wealth to their heirs. Baby boomers and the Silent Generation will bequeath a total of $84.4 trillion in assets through to 2045, with $72.6 trillion going directly to heirs. The transfer of wealth from baby boomers will account for $53 trillion or 63% of all transfers, while the Silent Generation will hand down $15.8 trillion.
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