The Feminization of Wealth

We’re going to hear more and more about the “feminization of wealth” as the great wealth transfer—$80 to $90 trillion from Boomers to Millennials—takes place. By the end of the decade, we expect that women will control $30 trillion, and, eventually, about 60% of all wealth in the U.S.  For perspective, U.S. gross domestic product for 2023 was just under $28 trillion.