The $105 Trillion Wealth Transfer | Business and Finance News

A massive wealth transfer is looming as baby boomers pass on trillions—estimates range from $36 trillion to a staggering $105 trillion by 2048. The gap? One study excludes ultra-rich outliers and retirement/charity spending, while the other includes all transfers, including from wealthier families. The money will first go to spouses, then Gen X, with millennials set to inherit the biggest slice. Wealth managers are already seeing a surge in clients entering through inheritance—not jobs—making intergenerational financial planning more critical than ever. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/129b934e98f42a60