SLO 03_2025 Wealth Transfer

The Great Wealth Transfer: • As baby boomers are the primary source of wealth, their death begin transferred to younger generations. • This is one of the most substantial intergenerational transfers of wealth in history & it is expected to continue for another couple of decades. • Some estimates put the amount of assets that will be transferred at $68+ trillion. • Potential to reshape individual financial futures and the broader economy. • Will provide opportunities that weren’t previously available (early retirement, investment opportunities, or funding for personal passions). • Complexities require careful planning and decision-making.