The $9 trillion 'sideways succession' of women inheriting money has begun-but 93% say they don't need the cash and are building their own financial independence | Fortune

"A new JPMorgan Wealth Management study found most of the women set to inherit roughly $9 trillion over the coming decades are not counting on it to meet their financial goals. Nearly three in four women report they're already on track to achieve their milestones independently, signaling a shift in their financial confidence. While many plan to invest their inheritances, JPMorgan notes women are increasingly active wealth builders in their own right-an evolution that could reshape both markets and household economics as the broader "Great Wealth Transfer" unfolds."

"A wealth windfall for women is well and truly underway according to a new study from JPMorgan Wealth Management, with some $9 trillion in assets expected to be transferred from spouses to their partners over the next few decades. While the 13-figure sum will prove significant for those who receive a share of it, women say they're not relying on the cash to achieve their goals. In fact, three in four women say they're well on track to achieve their financial milestones without receiving any inheritance from family or spouses."

"The "sideways succession" of spousal inheritance forms one part of the wider "Great Wealth Transfer" picture. Studies have found that over the next 20 to 30 years as much as $124 trillion will be passed down from older generations to their younger counterparts, with baby boomers-people born between age 1946 and 1964-identified as the wealthiest generation in history. As these individuals begin passing on their wealth, some will go immediately to their Gen X, Millennial and Gen Z successors, but some will go to spouses."

Approximately $9 trillion in spousal assets is expected to transfer to women over coming decades. Nearly three in four women report being on track to meet financial milestones without relying on inheritance. Many women plan to invest any inherited assets, but are increasingly active as independent wealth builders. The broader Great Wealth Transfer could move up to $124 trillion to younger generations over 20–30 years, driven largely by baby boomers. Women’s longer average lifespans relative to male partners will influence spousal transfer dynamics and overall household economic outcomes.

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