Women are set to inherit nearly 100 trillion dollars and change the world

The great wealth transfer, totaling $124 trillion, will occur by 2048, shifting wealth from Baby Boomers to their heirs. A report from the Bank of America Institute estimates nearly $100 trillion of this transfer will benefit women, with approximately $47 trillion going to younger women through inheritance and $54 trillion to surviving spouses, mostly women. By 2030, women in the U.S. are expected to manage about two-thirds of private wealth. The demographic of women aged 50 to 70 is projected to grow significantly by 2050, leading to increased wealth and independence for this group. This wealth transition will likely elevate demand for women's products and services, as women have outspent men on discretionary and essential items in the past year. Women also comprise a majority of solo travelers, prompting adaptations in travel offerings, such as the introduction of an all-female cruise route by Uniworld for August 2025.Learn more on this news visit us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.