The Real Size of the Wealth Transfer | Business and Finance News

The “great wealth transfer” might not be as epic as you think—new data reveals $36 trillion in inheritable assets (excluding the ultra-rich), with an average inheritance of $515K, most of which will be saved or invested, not spent. Only $8 trillion is expected to be spent, fueling home upgrades and travel—boosting airlines, cruises, and carmakers. It’s a quieter, more nuanced shift than the trillion-dollar hype suggests. 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/c7cf3c3ddb000476