U.S. Households Set to Transfer $123.7 Trillion Through 2048

U.S. households are projected to transfer $123.7 trillion between 2024 and 2048, including inheritances and charitable giving, highlighting the scale of wealth expected to move between generations. Measured in 2023 dollars, the projection includes $105.3 trillion directed to heirs and $18.4 trillion for philanthropic causes. The figure represents expected transfers rather than money that has already changed hands. Baby Boomers and older generations are projected to account for nearly $100 trillion, or 81% of the total. Baby Boomers alone are expected to transfer $79 trillion through 2048. “Eventually, most of the wealth owned by older generations in the U.S.

Source: TokenPost