The Great Wealth Transfer is already happening as millennials hitting their ‘Peak 35’ are richer than ever

Thirty, flirty, and thriving. Forget the dirty thirties: millennials are now entering their era of earning, and they’re only going to get richer as the largest wealth transfer of assets is already underway.

In a phenomenon dubbed the “Peak 35,” millennials in their 30s have now amassed a net worth that is four times as much as what they previously held, and financial experts says that’s due to the more than 70% of millennials who expect to or have inherited assets from their baby boomer families.