MS · News · 20261031N

Wealth Transfer and Women Investors

MORGAN STANLEY · 2026-10-31 · Importance 15 · Surprise 12

Cerulli Associates projects $124 trillion in U.S. wealth transfers through 2048, including $54 trillion passing between spouses. More than 95% of the spousal transfers are expected to go to women, alongside a long-term rise in women’s homeownership from roughly 25% to 50% over four decades. The article identifies this shift as an opportunity for firms to engage spouses earlier and provide longevity and lifetime-income planning; it does not quantify a Morgan Stanley-specific financial impact.