$84 trillion will pass from Baby Boomers to their heirs in the coming decades — the largest intergenerational wealth transfer in history. For most White families, it will compound generational advantage. JBI examines the retirement savings gap, the estate planning crisis, and the structural forces that determine who benefits from the Great Wealth Transfer.
Retirement
19%
of Black Americans have an estate plan — vs. 39% of White Americans — causing wealth to be lost at the moment of transfer
JBI 2050 Survey, 2025
32%
of Hispanic Boomers have an estate plan — the generation actively transferring wealth now — vs. 66% of White Boomers
JBI 2050 Survey, 2025
62%
of Black Millennials have an employer-sponsored retirement account — vs. 73% of White Millennials
JBI 2050 Survey, 2025
51%
of Black Gen Z who aspire to build intergenerational wealth feel they will never achieve it
JBI 2050 Survey, 2025
JBI Research & the 2050 Survey
Key Figures
This tool provides an interactive way to explore the data of JBI's 2050 Survey. Click a topic on the left to jump to that section, or a survey question on the right to view its related data. Once you are within a section, click on the 'Home' icon to return to the main menu.
77% of Black Gen Z and 70% of Latino Gen Z aspire to build an inheritance to pass on to loved ones — higher than 64% of White Gen Z — even though Black and Hispanic Gen Z are far less likely to receive one (18–20% expect an inheritance, versus 33–38% of White and Asian Gen Z).
Over 50% of Black Gen Z used a payday loan app or buy-now-pay-later product in the past year - vs. 11% and 28% of White Gen Z. This exposure did not start in adulthood. Black and Latino respondents are far more likely to have grown up in households where high-cost products were used by their parents.