The great wealth transfer refers to the $124 trillion expected to shift from Baby Boomers and older generations to their heirs by 2048, with women set to benefit the most. Bank of America estimates that close to $100 trillion of the transfer will go to women, leading to increased demand for services and products tailored toward them. As a result, women are projected to have more wealth, independence, and opportunity, shaping the future landscape of spending and investment.
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