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?

Let us explore what’s generational wealth and how does generational wealth work to provide economic security.

One of my readers was curious about building generational wealth and how to pass it on to future generations.

Planning for generational wealth is not just for the 1%. Let us explore what’s generational wealth and how does generational wealth work to provide economic security.

What Is Generational Wealth? Generational wealth, also known as legacy wealth or family wealth, is defined as monetary assets passed down from one generation of a family to the next. 

While we may not agree with everything he says, there are nine decades of wisdom buried in Warren Buffett’s quotes.

Why Is Generational Wealth Important? Generational wealth is essential so your heirs can pursue work they find fulfilling.

What Amount Is Considered Generational Wealth? Definition of generational wealth is when you have accumulated enough investments to pay for your heirs’ living expenses in perpetuity without touching the principal.

How To Build Generational Wealth Before you consider generational wealth creation, it is critically important to ensure your own retirement savings plan and other financial goals are secured.

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