While much has been made about the wealth that millennials and Gen Z will inherit in the coming years, there is another generation which has been mostly overlooked. The bulk of the so-called $84 trillion 'Great Wealth Transfer' which is due to take place over the next two decades, will be among the wealthiest families. Some 68 percent of the wealth transferred between 2020 and 2045 will come from US households with at least $1 million in investable assets. Only 6.9 percent of households in the US have this kind of wealth to begin with.
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