Millennials and Gen Zs lead the charge in proactive wealth planning; Gen Zs also have the highest expectations towards receiving an inheritance
SINGAPORE - Media OutReach Newswire - 19 August 2025 - A new report by Etiqa Insurance Singapore spotlights growing trends in intergenerational wealth transfer, with 77% of Singaporeans prioritising leaving a financial legacy to future generations. With two-thirds of Singaporeans having either received, transferred or expect to receive or transfer their wealth, a commitment most pronounced among those aged 55 and above (74%), proactive wealth planning and management for Singaporeans is more crucial than ever.
Last Updated: Aug. 2, 2025 at 3:26 p.m. ET
First Published: July 30, 2025 at 8:05 a.m. ET
The rush of what financial advisers dryly call a “wealth transfer” can test the mettle of heirs.PHOTO: GETTY IMAGES/ISTOCKPHOTO
A mountain of money is on the move in America. Younger generations collectively stand to inherit about $16 trillion over the coming decade.