The Great Wealth Transfer refers to 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.[1][2] Baby boomers and the silent generation will bequest a total of $84.4 trillion in assets through to 2045, with $72.6 trillion going directly to heirs.[1][3] 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.[3]
- ^ a b "The Greatest Wealth Transfer in History Is Here, With Familiar (Rich) Winners". The New York Times. 14 May 2023. Retrieved 30 June 2023.
- ^ Dickler, Jessica (17 October 2022). "Strategies to navigate the $68 trillion 'great wealth transfer,' according to top-ranked advisors". CNBC. Retrieved 30 June 2023.
- ^ a b Lisa, Andrew (24 June 2023). "The Great Wealth Transfer: How Baby Boomers Are Passing on Trillions to Heirs". Yahoo Finance. Retrieved 30 June 2023.