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Baby Boomers Control $85 Trillion, Wealth Divide Looms

1/14/2026

48 10 Full Breakdown

Summary

Story summary

The Federal Reserve and Cerulli & Associates estimate baby boomers control over $85 trillion in wealth.
About $100 trillion is expected to transfer to younger generations by 2048.
Only 34% of wealthy baby boomers plan to preserve wealth for inheritance, compared with 45% of Gen Xers.
Millennials hold under 10% of American wealth.
Without policy reforms, the divide may reshape American society.

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Story summary

The Federal Reserve and Cerulli & Associates estimate baby boomers control over $85 trillion in wealth.
About $100 trillion is expected to transfer to younger generations by 2048.
Only 34% of wealthy baby boomers plan to preserve wealth for inheritance, compared with 45% of Gen Xers.
Millennials hold under 10% of American wealth.
Without policy reforms, the divide may reshape American society.