The Great Wealth Transfer Has Been Pegged at $105 Trillion. One Study Says That's an Overestimation

Source: International Business Times

A new report estimates that $36 trillion in baby boomer wealth will be transferred to Generation X and millennials over the next 20 years. The size of the so-called "great wealth transfer" is once again under debate after a new analysis suggested far less money may actually end up in the hands of heirs than widely cited estimates have projected. A new report from Visa Business and Economic Insights estimates that $36 trillion in baby boomer wealth will be transferred to Generation X and millennials over the next 20 years.