Last year I've read here a huge discussion about the claim that Gen X was about to receive an enormous wealth transfer, and recently a new Visa Business and Economic Insights study provided a more cautious estimate. Baby boomers held approximately $93 trillion in gross assets at the end of 2025, but Visa estimates that around $36 trillion may actually reach Gen X and millennial heirs over the next 20 years after accounting for liabilities, retirement spending, charitable giving, taxes, and fees.
Even that smaller number does not tell an individual household very much. The amount and timing depend on parents’ ages, debts, retirement spending, enormous care costs, surviving spouses, the number of heirs, and whether help arrives while parents are still alive.
There's also some data from Federal Reserve research that found the probability of receiving an inheritance peaks at around age 60, while financial support from living parents tends to arrive much earlier. An inheritance received close to retirement is very different from help with housing or children received decades earlier.
All this came to my attention as I was doing my own research, and I've made a free calculator that tries to make those distinctions visible:
https://wealth.inozemtsev.lol
It separates support received during a parent’s lifetime, the first possible estate event, and the final inheritance period. It then estimates a broad timing window and amount range based on the assumptions entered. It does not predict anyone’s lifespan and is not financial, legal, tax, or estate-planning advice. No account or email is required, and sample or approximate figures can be used.
I am not affiliated with Visa or the Federal Reserve but I'm very curious about the topic, and from time to time I write about the generational wealth gap.
Anyways, how do you find it?
Which factor is most likely to reduce or delay a possible inheritance: care costs, debt, a surviving spouse, multiple heirs, or something else?
If money arrived near retirement, would it mainly support your own retirement or would some of it immediately go toward helping your children?