News with the tag "gen x"

More than $100 trillion dollars will be handed down to heirs over the next couple of decades as the pace of the Great Wealth Transfer accelerates, according to a new report. The research firm Cerulli Associates says $105 trillion will be passed on to heirs by 2048, while charities will receive $18 t...

A historic transfer of wealth is now in motion as trillions of dollars held by older generations are moved down the line. And according to a new report, one under-explored facet of the transfer is just how much money is about to move “horizontally.” In its 2024 Global Wealth Report, UBS says that wi...

A new report finds that Generation X is about to receive its cut of an unprecedented generational transfer of wealth. Gen X, or those born between the mid-1960s and the early 1980s, are set to inherit roughly $31 trillion in wealth from their predecessors by 2033, according to a report from people i...