Millennial and Gen Z heirs are eagerly anticipating a $124 trillion “ Great Wealth Transfer ” as they inherit their parents’ wealth—however, many are set to be disappointed as just one-fifth of baby boomers expect to leave anything behind.

Financial services company Northwestern Mutual surveyed more than 4,500 adults and found only a select few can expect a windfall of cash when their parents pass away.

Today, more than half of America’s wealth belongs to baby boomers, with most of it tied to their real estate as they hold off downsizing.

It’s perhaps why more than half of Gen Zers and nearly 60% of millennials reported that they’re depending on their inheritance to achieve financial security and retire in comfort.

However, those sizing up their parents’ (or grandparents’) proper

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