More than $100 trillion is expected to change hands in the coming decades as part of the great wealth transfer, according to CNBC.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02$100 trillion is expected to change hands in the coming decades as part of the Great
00:06Wealth Transfer, according to CNBC. Women will receive over $50 trillion in wealth
00:11transferred to surviving spouses, according to the Bank of America Institute. Women and younger
00:15generations are expected to inherit over $40 trillion, leading to unprecedented financial
00:20control. Women's increasing education and workforce participation have led to rising wages
00:25and greater senior leadership representation, despite a persistent gender wage gap.
00:29By 2030, women will hold two-thirds of U.S. private wealth, according to McKinsey.