Building Legacies Across Generations: Wealth Transfer and the Aging Divide

Over the next two decades, the United States will experience the largest transfer of wealth in history—an estimated $124 trillion moving from older generations to younger ones. But this historic moment comes with a critical question: will it close the wealth gap, or widen it? In this episode, recorded live at the Prosperity Summit in Washington, DC, on Oct. 6, 2025, we bring together four powerful voices from the national, legal and local levels: Amera Bilal, an equity-driven leader with Prince George’s County Government; Tracey Gronniger, Managing Director of Economic Security at Justice in Aging; Maria Jaramillo, Division Director for Financial Empowerment at the National Disability Institute; and Linna Zhu, Senior Research Associate in the Housing and Finance Policy Center at the Urban Institute. Together, we’ll unpack how the transfer of wealth will impact economic security, the structural inequities shaping who benefits, and the urgent policies and innovations needed to ensure equity as people age. This isn’t just about economics—it’s about dignity, opportunity, and justice across generations.