WHAT IS GENERATIONAL WEALTH AND
HOW TO BUILD AND
PASS IT DOWN
Have you ever wondered what you would do if you inherited a large sum of money?
The most significant intergenerational wealth transfer in history will pass
down over $30 trillion
in inheritance from baby boomers to millennials.
Building generational wealth and passing it down to your heirs could have a tremendous impact on their financial future.
Why Is Generational Wealth Important?
Definition of generational wealth is when you have accumulated enough investments to pay for your heirs’ living expenses in perpetuity without touching the principal.
Cover The Basics Of Consumer Finances
Make sure you have a decent-sized emergency fund earning high-interest rates.
No matter which country you live in, homeownership is the primary way to build and pass generational wealth.
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