The Daily Hodl 2025-06-28 15:30:42

$50,820,000,000,000 of Highly Anticipated ‘Great Wealth Transfer’ Will Evaporate in Just Two Generations: Report

The vast majority of the much-hyped great wealth transfer from baby boomers to their heirs will vanish in relatively short order, according to a new report. An eye-popping 70% of the $72.6 trillion that’s expected to be inherited will be lost across just two generations, reports Worth Magazine, citing research from the Williams Group. That means $50.82 trillion of the inherited wealth will disappear due to factors like overspending, taxes, mismanagement and family disputes by the time the second generation is through managing it. Poor planning is expected to fuel the loss. Nearly two-thirds of Americans lack a will, according to a survey from D.A. Davidson, leaving heirs vulnerable to taxes and conflicts. Meanwhile, inherited IRAs, taxed heavily within a decade, often push families into higher brackets. Family businesses also crumble, with the Family Business Institute reporting just 30% lasting into the second generation. To handle the transition as smoothly and effectively as possible, Fidelity recommends parents start open, age-appropriate conversations about money early to build trust and prepare children for their inheritance. They also suggest teaching financial responsibility through allowances and trusts to ensure wealth is managed wisely across generations. 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 $50,820,000,000,000 of Highly Anticipated ‘Great Wealth Transfer’ Will Evaporate in Just Two Generations: Report appeared first on The Daily Hodl .