Three generations born between 1965 and 2012 are set to be the biggest beneficiaries of the trillions of dollars that will be passed down from baby boomers and other older generations, according to a new report.
Coldwell Banker says across the globe, $38.3 trillion will be passed down to Generation X, Millennials and Generation Z in the Great Wealth Transfer.
“Millennials will be inheriting the most of any generation over the course of the next 25 years, but Gen X will be first in line.”
In the US, about $17.3 trillion is expected to be passed down in the Great Wealth Transfer over the next decade.
Coldwell Banker further says that the three generations will collectively receive 95% of the total wealth that is set to be handed down.
Citing data from global wealth intelligence firm Altrata, Coldwell Banker says more than a tenth of that wealth will be in the form of real estate. In the US, Generation X, millennials and Generation Z will receive more than half of the global real estate wealth that is set to be passed down from baby boomers and other older generations.
“Of the $4.6 trillion in real estate projected to change hands worldwide over the next 10 years, nearly $2.4 trillion will trade in the U.S. alone — accounting for roughly 52% of all global real estate activity.”
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post $38,300,000,000,000 To Be Passed Down to Gen Z, Millennials and Gen X Over Next Ten Years: Report appeared first on The Daily Hodl.
Three generations born between 1965 and 2012 are set to be the biggest beneficiaries of the trillions of dollars that will be passed down from baby boomers and other older generations, according to a new report. Coldwell Banker says across the globe, $38.3 trillion will be passed down to Generation X, Millennials and Generation Z
The post $38,300,000,000,000 To Be Passed Down to Gen Z, Millennials and Gen X Over Next Ten Years: Report appeared first on The Daily Hodl. Financeflux, gen x, gen z, great, millennials, News, transfer, wealth
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.