A massive intergenerational wealth transfer is expected to occur in the United States, with an estimated $105 trillion set to be inherited in the next 25 years. This substantial amount is equivalent to the global gross domestic product for 2023, underscoring the significance of this financial shift.
However, most Americans are not projected to receive a significant portion of this wealth transfer. The transfer of assets from older generations to heirs is a momentous event in U.S. financial history, prompting discussions about wealth distribution and its impact on different demographics.