Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers | Fortune0

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• August 9, 2026

Baby boomers are sitting on immense wealth after benefiting from a historic era of economic growth and financial gains, but heirs shouldn’t get their hopes up too much. Estimates of the so-called Great Wealth Transfer vary, reaching as high as $124 trillion. A report last month from Visa Business and Economic Insights put the number at