The size of the so-called "great wealth transfer" is once again under debate after a new analysis suggested far less money may actually end up in the hands of heirs than widely cited estimates have projected.
A new report from Visa Business and Economic Insights estimates that $36 trillion in baby boomer wealth will be transferred to Generation X and millennials over the next 20 years. That figure is dramatically lower than the $105 trillion estimate from wealth research firm Cerulli Associates, which projects transfers from older generations to heirs and spouses through 2048.
