Dubbed the Great Wealth Transfer, the shift of assets from older generations to millennials and Generation Z may profoundly reshape financial influence and spending priorities in America.

Dubbed the Great Wealth Transfer, the shift of assets from older generations to millennials and Generation Z may profoundly reshape financial influence and spending priorities in America.

Dubbed the Great Wealth Transfer, the shift of assets from older generations to millennials and Generation Z may profoundly reshape financial influence and spending priorities in America.

That's as the Silent Generation's overall wealth has shrunk from 70% to just 10% during that time frame. Boomers are now the wealthiest generation, holding just over half (52%) of all wealth in 2024.

AlessandroBiascioli // Shutterstock The Great Wealth Transfer in 3 charts. More than $80 trillion over 20 years—that’s the scale of the coming wave of wealth expected to trickle down to ...

The Great Wealth Transfer in 3 charts More than $80 trillion over 20 years—that’s the scale of the coming wave of wealth expected to trickle down to younger Americans over the next two decades.

Dubbed the Great Wealth Transfer, the shift of assets from older generations to millennials and Generation Z may profoundly reshape financial influence and spending priorities in America.

Those whose wealth ranked in the 50% to 90% range saw their share decline by 1.5%. The bottom 50% saw their wealth rise by 1.7%, although they still control just 2.4% of the nation’s overall wealth.

The Great Wealth Transfer in 3 charts. More than $80 trillion over 20 years—that's the scale of the coming wave of wealth expected to trickle down to younger Americans over the next two decades.

Dubbed the Great Wealth Transfer, the shift of assets from older generations to millennials and Generation Z may profoundly reshape financial influence and spending priorities in America.