Industry estimates project about $105 trillion will move from older to younger generations by 2048, and J.P. Morgan Wealth Management’s 2025 Investor Study says women are poised to inherit a large share of that wealth but are actively working to build it on their own, the firm said.
The study found 93 percent of women expecting an inheritance said they are not relying on it to reach their goals, and 90 percent of respondents with a financial plan feel confident about reaching their goals, compared with 49 percent without a plan, J.P. Morgan reported.
J.P. Morgan recommended that women create and regularly revisit a roadmap that reflects their goals, investment horizon and risk tolerance. The firm noted that women often live longer than men and may take career breaks for caregiving, factors that can affect long-term planning.
The study and accompanying guidance urged early investing, building a cash emergency fund equal to three to six months of expenses and paying down high-interest debt before committing funds to long-term investments. J.P. Morgan also found 75 percent of women respondents make financial decisions with a partner or take the lead themselves, and described money as tied to security and freedom for many women.
J.P. Morgan said some people find it helpful to work with a financial advisor and to consult estate planning and tax professionals if they expect to receive an inheritance. The firm pointed to educational resources at Chase.com/theknow and cautioned that investing involves market risk, past performance does not guarantee future results and investors should consult their own advisors, tax and legal professionals before making decisions.
