Boomers stand to inherit over $8 trillion, according to a study released Tuesday by the MetLife Mature Market Institute. The Center for Retirement Research authored the study on behalf of MetLife.
Boomers will inherit $8.4 trillion at 2009 levels, according to the report; $2.4 trillion has already been received. The median per person is $64,000. Two-thirds of boomers are expected to receive some inheritance over their lifetimes.
The wealthiest boomers, according to the report, will receive an average $1.5 million. For less affluent boomers, who stand to inherit $27,000, their inheritance will represent a larger percentage of their overall wealth. The report notes that within wealth deciles, "the distribution of receipts is highly unequal." The median for the top decile is $335,000; for the bottom decile, the median is $8,000.
Including the amount boomers may inherit while their parents are still alive the total transfer of assets is $11.6 trillion.