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Gen X stands to gain the most wealth from the $84 trillion wealth transfer

·1 min

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According to a recent study, Generation X is expected to be the biggest beneficiaries of the Great Wealth Transfer in the next decade. While millennials and Generation Z are expected to receive large inheritances in the long term, Gen Xers will likely receive the largest windfalls in the near future. The study highlights the overlooked wealth potential of Generation X, as wealth management firms and private banks focus on younger clients. The report also notes that inheritances will be concentrated among the ultra-wealthy, with the top tier passing down trillions of dollars in wealth. The next generation of inheritors has different values and priorities, including a focus on technology, the environment, and social justice.