$124,000,000,000,000 Great Wealth Transfer To Benefit One Generation the Most Over Next 10 Years: Report

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One generation is set to benefit disproportionately over the next decade as the $124 trillion Great Wealth Transfer gains momentum between now and 2048. Generation Xers, born between 1965 – 1980, will inherit a little over 10% of the $124 trillion that will be handed down over the coming 10 years, says asset and wealth management research firm Cerulli Associates. “Over the next decade, Gen X households are expected to receive nearly $1.4 trillion, on average, annually as part of the ‘Great Wealt...