Link: A $105 trillion inheritance windfall is on the way for U.S. heirs

About $105 trillion is projected to be passed down from older generations over the next 25 years. This monumental wealth transfer is roughly equivalent to the global GDP in 2023.

The inheritance surge is fueled by appreciating stock markets and real estate values, alongside inflation. Members of the baby boom generation, born between 1946 and 1964, are the primary contributors.

Cerulli Associates recently increased their forecast by 45% compared to just three years ago. The updated projection suggests a significant growth in estate values.

In the U.S., gifts and inheritances are expected to hit $2.5 trillion next year. This influx underscores the scale of financial transitions occurring.

Despite these large figures, the majority of Americans will likely see little of this wealth. This transfer will predominantly benefit already wealthy families.

Thus, while the numbers are staggering, the impact across the broader American demographic might be less substantial. Most Americans are unlikely to inherit significantly, highlighting the wealth disparity issue. #

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