Reasons to Read

Understand how more than $105 trillion in US household wealth is expected to transfer across generations over the next two to three decades.

• Discover when intergenerational wealth transfer is likely to peak, using life expectancy trends, demographic analysis and generational inheritance projections.
• Learn why baby boomers and older households are expected to drive the largest transfer of wealth in modern US history.
• Explore how inheritance-driven spending may disproportionately benefit housing, home improvement, furnishings, travel, wellness and premium discretionary categories.
• Examine why inheritances are most commonly received during recipients’ midlife years and how that changes spending behavior and financial priorities.
• Analyze how housing assets may shape the transfer process, including implications for home turnover, renovation activity and residential property markets.
• Evaluate why intergenerational wealth transfer is expected to unfold gradually rather than trigger an immediate broad-based consumer spending surge.

Data in this research report include: US household assets held by age cohort; estimated timing of intergenerational wealth transfer by age group; average inheritance and expected inheritance by wealth tier; generational inheritance projections through the 2040s; home-ownership trends among older US households