From now until 2045, an estimated $124 trillion in assets is expected to change hands in the Great Wealth Transfer, primarily passing from Baby Boomers to younger.
“The Great Wealth Transfer is no longer a distant forecast — it’s happening right now,” said Julian Movsesian, president and CEO of Succession Capital Alliance.
Key takeaways
-
- $124 trillion in wealth is projected to transfer by 2045, and each generation from Boomers to Gen Z has different death benefit planning needs and expectations.
- Financial professionals must tailor death benefit strategies and legacy planning according to generational priorities.
- Strategies like permanent life insurance and trust planning are critical for Boomers and Gen X, while personalization and education are key for Millennials and Gen Z engagement.
The Agent & Advisor Editorial Team is a highly skilled and dedicated group of professional writers and editors within the life, health insurance and financial services industry. Committed to delivering accurate, informative and engaging content, this team possesses a deep understanding of the intricacies and complexities of the industry.
Learn more about the Editorial Team.
Learn more about the Editorial Team.
Latest posts by A&A Editorial Team (see all)
- IUL Illustration Complication: Helping Clients See Past the Hype - February 9, 2026
- The Optimism Factor: How Mindset Shapes Retirement Readiness - January 27, 2026
- Keeping Retirement Timelines on Track for the Peak 65 Generation - January 13, 2026
