Over the coming decades, a significant transfer of wealth is expected to take place, shaping how Americans spend, invest, and plan for long-term financial security. Commonly referred to as the Great Wealth Transfer, this shift will move substantial assets from baby boomers to younger generations.
Today, baby boomers hold approximately $85 trillion in assets — more than half of the total wealth in the United States. This is expected to pass to millennials and Gen Z over time.
