Boomers Are Passing Down Fortunes — about $90 trillion - And Way Too Much Stuff
Over the next couple of decades, about $90 trillion in assets will be passed down from the Silent Generation and baby boomers to their Gen X and millennial heirs.
Much has been written about the so-called Great Wealth Transfer and how it will change the global economy. A bigger mystery: What happens to all the physical possessions that will accompany that wealth?
This has been dubbed “The Great Stuff Transfer,” and — oh, boy — is there a lot of stuff coming our way: silver flatware, antique wooden furniture, fine china...
Bloomberg 14 November 2025
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