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Fortune
Fortune
Alicia Adamczyk

The multitrillion-dollar ‘great wealth transfer’ is still at least a decade away: ‘It’s not really a present conversation’

Grandmother and adult granddaughter embracing in garden (Credit: Oliver Rossi—Getty Images)

Millennial and Gen Z heirs are eagerly awaiting a so-called "great wealth transfer," worth potentially $84 trillion, from baby boomer parents or relatives. And many of them may be waiting a bit longer than they'd expect.

That's according to Stephen Sikes, chief operating officer of investing platform Public.com, who says the bulk of the wealth transfer is still 10 to 15 years away—at least.

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