2024 Report by Penny Finance Confirms: The Great Wealth Transfer Will Not Solve The Wealth Gap Crisis

BOSTON--(BUSINESS WIRE)--Penny Finance, women-first online financial mentorship platform, announces the results of their 2024 Women & The Great Wealth Transfer report. The wealth transfer is great; but it will not bridge the gap. A great amount of money will change hands as the Boomer generation ages – around $84 trillion, according to a report by Cerulli. But this wealth will not be divided evenly. Only 15% of American adults expect to receive an inheritance in the next decade. Those who r