25-year "horizontal wealth transfer" of $9 trillion to spouses and partners from aging baby boomers.
Upcoming "horizontal wealth transfer" is expected to pass $9 trillion to spouses and partners over the next 25 years. The transfer is a result of aging baby boomers and older generations passing down $84 trillion in wealth over the next 20-30 years. Women are on track to inherit a significant portion of this wealth, as they now represent over 11% of the world's millionaires, nearly double their share in 2016.
July 12, 2024
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