Three generations born between 1965 and 2012 are set to be the biggest beneficiaries of the trillions of dollars that will be passed down from baby boomers and other older generations, according to a new report.
Coldwell Banker says across the globe, $38.3 trillion will be passed down to Generation X, Millennials and Generation Z in the Great Wealth Transfer.
“Millennials will be inheriting the most of any generation over the course of the next 25 years, but Gen X will be first in line.”
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In the US, about $17.3 trillion is expected to be passed down in the Great Wealth Transfer over the next decade.
Coldwell Banker further says that the three generations will collectively receive 95% of the total wealth that is set
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