Gen X and Millennials Set to Inherit $31 Trillion Wealth by 2033, Reveals Altrata Analysis

Wednesday, 12 June 2024, 12:00
Altrata predicts that Gen X and Millennials could potentially inherit a staggering $31 trillion from their wealthy parents by 2033, showcasing a significant transfer of wealth. This inheritance, deriving from over a quarter of 4.4 million affluent individuals with over $5 million in assets, highlights the substantial financial legacy awaiting the younger generation.
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Gen X and Millennials Set to Inherit $31 Trillion Wealth by 2033, Reveals Altrata Analysis

Wealth Transfer Prediction by Altrata

Altrata's recent analysis forecasts a substantial wealth transfer, pointing to Gen X and Millennials as beneficiaries. Showcasing the potential inheritance of $31 trillion by 2033, this projection signifies a significant financial shift.

Key Insights:

  • Over a quarter of affluent individuals could pass on $88 trillion assets
  • Gen X and Millennials likely recipients of massive inheritance
  • Altrata report signifies a significant transfer of wealth
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