In 25 years, Generation X willreplace baby boomers as the biggest wealth wielders.

That's according to a Cerulli report that predicts the transferof a total of $68 trillion in wealth over the next quarter centuryby nearly 45 million households.

According to the report, U.S. High-Net-Worthand Ultra-High-Net-Worth Markets 2018: Shifting Demographics ofPrivate Wealth, boomers will account for close to 70% of thosehouseholds, shifting approximately $48 trillion.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.