What Is Generational Wealth And How To Build And Pass It Down

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Have you ever wondered what you would do if you inherited a large sum of money?

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I frequently ask my readers to chime in with topics they would be interested in reading. One of my readers was curious about building generational wealth and how to pass it on to future generations. After all, the most significant intergenerational wealth transfer in history will pass down over $30 trillion in inheritance from baby boomers to millennials.

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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.

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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.

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Why Is Generational Wealth Important?

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What Amount Is Considered Generational Wealth?

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You might build a nest egg of $100 million, but if you have ten kids and each of them spends over a million annually, then your generational wealth planning would have failed.

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The amount I would consider generational wealth would be at least ten times the top 1% net worth in your location.

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Swipe Up to learn How To Build Generational Wealth

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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?

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.

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.

What Is Generational Wealth?

Why Is Generational Wealth Important?

Generational wealth is essential so your heirs can pursue work they find fulfilling, and that will positively impact the world without worrying about how they will pay the bills.

What Amount Is Considered Generational Wealth?

You might build a nest egg of $100 million, but if you have ten kids and each of them spends over a million annually, then your generational wealth planning would have failed.

The amount I would consider generational wealth would be at least ten times the top 1% net worth in your location.

I use Personal Capital to track my net worth for free.

Swipe Up to learn How To Build Generational Wealth

Swipe Up to learn How To Build Generational Wealth

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