Women are positioned to inherit approximately 70% of the $124 trillion Great Wealth Transfer over the next two decades, according to financial analysts. However, experts warn that a confidence gap in financial planning could prevent women from maximizing this historic wealth transition, despite their potential to become primary beneficiaries.
The Great Wealth Transfer Challenge
Financial experts are raising concerns about women’s preparedness for what analysts describe as the largest wealth transfer in history. According to reports from baby boomers and older generations, an estimated $124 trillion will change hands over the next 23 years through inheritance, with women reportedly positioned to receive approximately 70% of these assets.