The Great Wealth Transfer: A Defining Moment for Women and Wealth

The largest wealth transfer in modern history is underway. Over the next two decades, $124 trillion is expected to pass from Baby Boomers and the Silent Generation to their heirs.

Here’s the defining shift: women will inherit and ultimately control the majority of this wealth.

Because women typically live longer, they often become the final decision-makers for family wealth. At the same time, more women are business owners, executives, and primary earners than ever before.

Women are not just inheriting wealth. They’re actively shaping financial outcomes for families and communities.

Recently, I had the privilege of speaking at The Great Wealth Transfer webinar, where we explored how this shift is reshaping families, communities, and the financial industry.

Here are five practical insights from that discussion:

1. Women Are Stepping into the Driver’s Seat: Women already control a significant share of U.S. wealth, and their influence is growing rapidly.

2. Confidence Gaps Persist: Many women don’t feel fully prepared. Traditional advisory models often miss what matters most: values, caregiving roles, philanthropy, and financial education.

3. Start with Reflection and Conversation: Begin with personal clarity and open family discussions before making financial decisions.

4. Build a Strong Professional “Triangle”: A financial advisor, estate attorney, and accountant working collaboratively create a stable foundation during major transitions.

5. Preparation and Community Matter: Getting organized and connecting with peer groups can ease stress and build lasting financial confidence.

Lead with Intention

The Great Wealth Transfer represents a once-in-a-generation opportunity for women to lead. But leadership requires preparation, reflection, and trusted guidance.

Read the full article here: The Great Wealth Transfer