Wealth

A $105 Trillion Inheritance Windfall Is On the Way for US Heirs

Rising stock markets and home prices have helped many older Americans amass large estates, but the share of people who inherit money has remained small

About $105 trillion is projected to be passed down from older generations over the next quarter century, according to a new forecast.

Photographer: Adem Altan/AFP/Getty Images

The largest intergenerational wealth transfer in US history is about to take place — though the vast majority of Americans are unlikely to inherit much money at all.

About $105 trillion is projected to be passed down from older generations over the next quarter century, according to research firm Cerulli Associates, an amount roughly equal to global gross domestic product in 2023.