The “great wealth transfer”

 In the coming years, trillions of dollars in inheritances will flow from older Americans to their heirs

Americans age 70 and older own nearly a third of all wealth and had a collective net worth of about $47 trillion

Family money plays a key role in helping members of younger generations afford homeownership. 

Homeownership gives a family the ability to amass wealth that can be passed down to the next generation.

MarketWatch 18 June 2024

https://www.marketwatch.com/story/the-biggest-wealth-transfer-in-american-history-is-upon-us-some-will-benefit-far-more-than-others-1f6c213e



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