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Boomers' Wealth Transfer Falls Short for Millennials

The Wealth Gap Widens: A Tale of Two Transfers The Great Wealth Transfer, touted as a game changer for younger generations, may not live up to its hype.

Estimates vary wildly, ranging from $124 trillion to $93 trillion, but the reality is that this wealth will be concentrated among the top 2 10% of boomer households.

Visa's report highlights the disparity in wealth distribution. After excluding debt, taxes, and fees, boomers are expected to pass on only about $36 trillion.

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