Posted 3/4/2024, 12:19:00 PM
Gen Z's Economic Optimism Fueled by Inheritance, Pay Rises
- 75% of rich Gen Zers expect their wealth to increase significantly in 2024, more so than older generations
- Gen Z as a whole is more optimistic about economic recovery than Millennials and Gen X
- Gen Z has seen bigger pay rises recently, fueling their confidence
- Young ultra-wealthy Gen Zers are the most active property investors
- Much of Gen Z's wealth is likely coming from inheritance from Baby Boomers, set to transfer $53 trillion
