Survey data reveals a 16-point gap between Gen Z expectations and boomer intentions for wealth transfer amid a $90 trillion generational shift.
A 2024 Northwestern Mutual survey highlights a stark disconnect in inheritance expectations. While 38% of Gen Z anticipate receiving an inheritance, only 22% of boomers plan to leave one, creating a 16-point gap in projections tied to the $90 trillion “Great Wealth Transfer.”
The mismatch underscores broader financial planning challenges, as half of survey respondents cited inheritance as critical for long-term security. Prior studies suggested similar disparities, but the current gap exceeds earlier estimates, signaling potential financial strain for younger generations.
Analysts note the findings may pressure Gen Z to prioritize alternative wealth-building strategies, including compound returns and inflation-resistant assets, as reliance on inheritance appears increasingly uncertain.