#generational-wealth
#generational-wealth

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The Redditor is torn between a high-paying job and a less lucrative position that offers better work/life balance, weighing family wealth implications.

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

Prioritizing work/life balance over income can impact long-term wealth goals for families.

Family financial security should also include considerations for future responsibilities.

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

Choosing between financial stability and personal happiness is complex.

Prioritizing work-life balance can lead to tough financial decisions.

Consideration of future family responsibilities influences job choice.

The Average Baby Boomer Says They Need Less Than $1 Million to Retire Comfortably

Many Americans, especially baby boomers, underestimate their retirement savings needs, facing significant gaps between savings and required funds.

A substantial portion of individuals across generations feels unprepared for retirement, necessitating proactive financial planning.

My recently divorced dad told me I will inherit $5M. Do I need to keep aggressively saving for retirement?

Inheritances are becoming rarer, and relying on one can complicate personal financial strategies.

I want to set my great-grandkids up for success in 70 years - what steps should I take today?

Planning for multiple generations can yield significant financial growth over time.

Concentrating investments on a few high-potential options may be more effective than diversifying too much.

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

The Redditor is torn between a high-paying job and a less lucrative position that offers better work/life balance, weighing family wealth implications.

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

Prioritizing work/life balance over income can impact long-term wealth goals for families.

Family financial security should also include considerations for future responsibilities.

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

Choosing between financial stability and personal happiness is complex.

Prioritizing work-life balance can lead to tough financial decisions.

Consideration of future family responsibilities influences job choice.

The Average Baby Boomer Says They Need Less Than $1 Million to Retire Comfortably

Many Americans, especially baby boomers, underestimate their retirement savings needs, facing significant gaps between savings and required funds.

A substantial portion of individuals across generations feels unprepared for retirement, necessitating proactive financial planning.

My recently divorced dad told me I will inherit $5M. Do I need to keep aggressively saving for retirement?

Inheritances are becoming rarer, and relying on one can complicate personal financial strategies.

morefinancial-planning

#housing-market

Baby Boomers Own Nearly 40% of All American Homes - Was It Skill or Luck?

Baby Boomers' wealth and home ownership disproportionately affect younger generations' ability to buy homes.

Black Americans buck the trend of fewer first-time homebuyers

Black homeownership rates among first-time buyers have surged to record levels despite ongoing affordability challenges.

Kamala Harris Wants to Build 3 Million Houses. Is That Enough?

The presidency will inherit a challenging housing market with no quick solutions.

7 Financial Benefits Baby Boomers Got That We'll Likely Never See Again

Baby boomers enjoyed easier home ownership opportunities compared to today's generations.

Who's funding new home purchases? Mom and Dad

Growing housing costs drive parents to financially assist children in home purchases.

Around 26% of young homebuyers relied on family cash for down payments, rising from 23% last year.

Baby Boomers Own Nearly 40% of All American Homes - Was It Skill or Luck?

Baby Boomers' wealth and home ownership disproportionately affect younger generations' ability to buy homes.

Black Americans buck the trend of fewer first-time homebuyers

Black homeownership rates among first-time buyers have surged to record levels despite ongoing affordability challenges.

Kamala Harris Wants to Build 3 Million Houses. Is That Enough?

The presidency will inherit a challenging housing market with no quick solutions.

7 Financial Benefits Baby Boomers Got That We'll Likely Never See Again

Baby boomers enjoyed easier home ownership opportunities compared to today's generations.

Who's funding new home purchases? Mom and Dad

Growing housing costs drive parents to financially assist children in home purchases.

Around 26% of young homebuyers relied on family cash for down payments, rising from 23% last year.

morehousing-market

People With Parents With Money

Wealth in New York is often inherited and discussing it is considered taboo.

#baby-boomers

Why Boomers are refusing to give their $84 trillion in real estate, wealth to their children

Baby boomers are delaying the transfer of wealth to their children, opting instead to enjoy their assets while alive.

Is the biggest factor to financial freedom actually just generational wealth?

Generational wealth transfer impacts financial success, yet financial literacy is crucial for sustaining that wealth across generations.

Boomers Are Refusing To Give Their $84 Trillion in Real Estate and Wealth to Their Children

Baby boomers are delaying the transfer of wealth to their children, opting to enjoy their assets while alive.

Did Baby Boomers Earn Their Success - Or Did They Just Get Lucky?

The baby boomer generation is the wealthiest in history, owning over half of the $160 trillion in U.S. wealth.

The upcoming 'Great Wealth Transfer' will distribute over $80 trillion from baby boomers to their heirs.

Nearly 60% of Boomers Plan to Leave No Money Behind for Others - Is It Selfish or Justified?

The survey indicates a divide in retirement savings perspectives between generations, with Boomers prioritizing their own needs over leaving assets for others.

Many Boomers Hesitant to Transfer Wealth: Charles Schwab | Entrepreneur

Boomers prefer to use their wealth for enjoyment during their lifetime, unlike younger generations who lean towards wealth sharing.

Why Boomers are refusing to give their $84 trillion in real estate, wealth to their children

Baby boomers are delaying the transfer of wealth to their children, opting instead to enjoy their assets while alive.

Is the biggest factor to financial freedom actually just generational wealth?

Generational wealth transfer impacts financial success, yet financial literacy is crucial for sustaining that wealth across generations.

Boomers Are Refusing To Give Their $84 Trillion in Real Estate and Wealth to Their Children

Baby boomers are delaying the transfer of wealth to their children, opting to enjoy their assets while alive.

Did Baby Boomers Earn Their Success - Or Did They Just Get Lucky?

The baby boomer generation is the wealthiest in history, owning over half of the $160 trillion in U.S. wealth.

The upcoming 'Great Wealth Transfer' will distribute over $80 trillion from baby boomers to their heirs.

Nearly 60% of Boomers Plan to Leave No Money Behind for Others - Is It Selfish or Justified?

The survey indicates a divide in retirement savings perspectives between generations, with Boomers prioritizing their own needs over leaving assets for others.

Many Boomers Hesitant to Transfer Wealth: Charles Schwab | Entrepreneur

Boomers prefer to use their wealth for enjoyment during their lifetime, unlike younger generations who lean towards wealth sharing.

morebaby-boomers

#homeownership

Empathy in the face of foreclosure

Homeownership is integral to the American Dream and significantly impacts individual identity and generational wealth.

The 44 Percent: Reggae group Inner Circle honored, Jazz in the Gardens, Black homeownership

Down payment assistance programs are essential for promoting homeownership among Black residents, particularly in Miami.

Opinion: The best way to honor our past is to protect borrowers in the present

Black History Month celebrates Black American contributions and history.

Homeownership is crucial for Black Americans to build generational wealth.

Empathy in the face of foreclosure

Homeownership is integral to the American Dream and significantly impacts individual identity and generational wealth.

The 44 Percent: Reggae group Inner Circle honored, Jazz in the Gardens, Black homeownership

Down payment assistance programs are essential for promoting homeownership among Black residents, particularly in Miami.

Opinion: The best way to honor our past is to protect borrowers in the present

Black History Month celebrates Black American contributions and history.

Homeownership is crucial for Black Americans to build generational wealth.

morehomeownership

#financial-stability

The true value of grandparents: 2 families explain how much you can save with free childcare

Having family nearby is beneficial for childcare and generational wealth.

I Used to Dream of Retiring at 50, but These 8 Factors Have Me Now Targeting 65

Delaying retirement until 65 offers financial stability and personal fulfillment.

The true value of grandparents: 2 families explain how much you can save with free childcare

Having family nearby is beneficial for childcare and generational wealth.

I Used to Dream of Retiring at 50, but These 8 Factors Have Me Now Targeting 65

Delaying retirement until 65 offers financial stability and personal fulfillment.

morefinancial-stability

#investment-strategy

Impact investors aren't always tracking the social or environmental outcomes: new research

Impact investors often presume success in achieving positive impacts without thoroughly assessing their investments' social or environmental outcomes.

If I have $5 million but only need $3 million to retire - should I use on my kids for things wedding or spend it on myself?

A Redditor has achieved a $5 million FIRE number and plans to split the funds into separate accounts for personal and generational wealth.

Impact investors aren't always tracking the social or environmental outcomes: new research

Impact investors often presume success in achieving positive impacts without thoroughly assessing their investments' social or environmental outcomes.

If I have $5 million but only need $3 million to retire - should I use on my kids for things wedding or spend it on myself?

A Redditor has achieved a $5 million FIRE number and plans to split the funds into separate accounts for personal and generational wealth.

moreinvestment-strategy

Parents Are Buying Their Kids Better Credit Scores

Credit scores can reflect inherited financial privilege rather than just personal habits, impacting children's financial futures.

The practice of adding children as authorized users on credit cards is a growing trend among affluent families.

Building Wealth for All: The Power of Baby Bonds in Connecticut - Non Profit News | Nonprofit Quarterly

Connecticut's baby bonds program aims to reduce wealth disparity by providing $3,200 grants for newborns in Medicaid, investing in their future opportunities.

#philanthropy

Musk, Gates, Bezos: Meet the Gen Z and millennial heirs now coming into their own - and set to inherit billions

Tech billionaires' heirs are emerging with new perspectives on wealth and philanthropy shaped by social media and authenticity.

Jill On Money: Be like Buffett and give (charitable giving 2024)

Buffett's philanthropic focus aims to avoid creating a generational legacy, promoting self-reliance in his children.

Musk, Gates, Bezos: Meet the Gen Z and millennial heirs now coming into their own - and set to inherit billions

Tech billionaires' heirs are emerging with new perspectives on wealth and philanthropy shaped by social media and authenticity.

Jill On Money: Be like Buffett and give (charitable giving 2024)

Buffett's philanthropic focus aims to avoid creating a generational legacy, promoting self-reliance in his children.

morephilanthropy

#financial-advice

I Received a Large Sum of Money When I Was Young. What I Used It on Is Coming Back to Haunt Me.

It's essential to communicate effectively about financial decisions and their impact on family expectations, especially during significant life changes.

Ramit Sethi says these old tips from your parents don't work anymore and they can end up costing you millions

Adapt traditional money guidelines for the 21st century to align with modern financial strategies.

I Received a Large Sum of Money When I Was Young. What I Used It on Is Coming Back to Haunt Me.

It's essential to communicate effectively about financial decisions and their impact on family expectations, especially during significant life changes.

Ramit Sethi says these old tips from your parents don't work anymore and they can end up costing you millions

Adapt traditional money guidelines for the 21st century to align with modern financial strategies.

morefinancial-advice

Malcolm Washington, John David Washington, Danielle Deadwyler on the Power of "The Piano Lesson" | Interviews | Roger Ebert

The cinematic adaptation of 'The Piano Lesson' explores generational wealth through emotional and monetary lenses, highlighting the significance of heritage and personal legacy.

Job-hopping could mean bigger salaries, but a $300K lifetime loss in retirement savings

Job-hopping can lead to significantly lower retirement savings, costing individuals over $300,000 by the end of their careers.

#reparations

A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations

The Close siblings fund a basic income program for victims of policing as reparations for their family's history as slave owners.

California has a history of racist land seizures. Will reparations bills bring justice?

Eminent domain has been used discriminatorily, causing generational wealth erosion in Black and brown communities.

A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations

The Close siblings fund a basic income program for victims of policing as reparations for their family's history as slave owners.

California has a history of racist land seizures. Will reparations bills bring justice?

Eminent domain has been used discriminatorily, causing generational wealth erosion in Black and brown communities.

morereparations

#entrepreneurship

Europe's millionaires taking kids to special events to prepare wealth transfer

The impending $90 trillion Great Wealth Transfer raises urgency on preparing next generations to manage inherited wealth and businesses.

Non-Traditional Wealth-Building Strategies for Black Women - Blavity

Black women are redefining wealth-building through entrepreneurship and creativity, turning financial insecurity into generational wealth.

Europe's millionaires taking kids to special events to prepare wealth transfer

The impending $90 trillion Great Wealth Transfer raises urgency on preparing next generations to manage inherited wealth and businesses.

Non-Traditional Wealth-Building Strategies for Black Women - Blavity

Black women are redefining wealth-building through entrepreneurship and creativity, turning financial insecurity into generational wealth.

moreentrepreneurship

I'm a multimillionaire, but I'm not leaving my kids any cash inheritance. I think it would be a mistake to make them wealthy.

George Appling believes in providing life opportunities for his children rather than leaving them a cash inheritance to encourage ambition and motivation.

How a TV ministry took over a family's 400-acre Bahamas estate for a fraction of its value

David Adderley transferred $30 million in generational Bahamian real estate to a TV ministry, sparking regret and legal disputes over the donation.

2 "Magnificent Seven" Stocks That Could Create Lasting Generational Wealth | The Motley Fool

Investors should choose stocks with strong fundamentals for generational wealth.

The 'Magnificent Seven' tech stocks have shown impressive performance and potential for growth.

Microsoft's Azure cloud business is key to its long-term strategy despite recent growth challenges.

Crowd Goes Wild as Michelle Obama Roasts Trump for Failing Forward' and Having the The Affirmative Action of Generational Wealth'

Michelle Obama praised Kamala Harris as a qualified candidate and contrasted her values with those of Donald Trump, emphasizing hard work over privilege.

U.S. Bank celebrates Black achievement with zines in the New York Times

U.S. Bank's campaign honors the Harlem Renaissance and supports generational wealth building in underserved communities.

Planning Commission backs historic zoning for east side beauty shop - Austin Monitor

The Planning Commission endorsed historic landmark status for Fashionette Beauty Shop in East Austin to promote equitable historic preservation.

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#generational-wealth#generational-wealth

I want to set my great-grandkids up for success in 70 years - what steps should I take today?

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

The Average Baby Boomer Says They Need Less Than $1 Million to Retire Comfortably

My recently divorced dad told me I will inherit $5M. Do I need to keep aggressively saving for retirement?

I want to set my great-grandkids up for success in 70 years - what steps should I take today?

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

I'm 45 with almost $5 million and want to quit my job but I can't pull the trigger

The Average Baby Boomer Says They Need Less Than $1 Million to Retire Comfortably

My recently divorced dad told me I will inherit $5M. Do I need to keep aggressively saving for retirement?

Baby Boomers Own Nearly 40% of All American Homes - Was It Skill or Luck?

Black Americans buck the trend of fewer first-time homebuyers

Kamala Harris Wants to Build 3 Million Houses. Is That Enough?

7 Financial Benefits Baby Boomers Got That We'll Likely Never See Again

Who's funding new home purchases? Mom and Dad

Baby Boomers Own Nearly 40% of All American Homes - Was It Skill or Luck?

Black Americans buck the trend of fewer first-time homebuyers

Kamala Harris Wants to Build 3 Million Houses. Is That Enough?

7 Financial Benefits Baby Boomers Got That We'll Likely Never See Again

Who's funding new home purchases? Mom and Dad

People With Parents With Money

Why Boomers are refusing to give their $84 trillion in real estate, wealth to their children

Is the biggest factor to financial freedom actually just generational wealth?

Boomers Are Refusing To Give Their $84 Trillion in Real Estate and Wealth to Their Children

Did Baby Boomers Earn Their Success - Or Did They Just Get Lucky?

Nearly 60% of Boomers Plan to Leave No Money Behind for Others - Is It Selfish or Justified?

Many Boomers Hesitant to Transfer Wealth: Charles Schwab | Entrepreneur

Why Boomers are refusing to give their $84 trillion in real estate, wealth to their children

Is the biggest factor to financial freedom actually just generational wealth?

Boomers Are Refusing To Give Their $84 Trillion in Real Estate and Wealth to Their Children

Did Baby Boomers Earn Their Success - Or Did They Just Get Lucky?

Nearly 60% of Boomers Plan to Leave No Money Behind for Others - Is It Selfish or Justified?

Many Boomers Hesitant to Transfer Wealth: Charles Schwab | Entrepreneur

Empathy in the face of foreclosure

The 44 Percent: Reggae group Inner Circle honored, Jazz in the Gardens, Black homeownership

Opinion: The best way to honor our past is to protect borrowers in the present

Empathy in the face of foreclosure

The 44 Percent: Reggae group Inner Circle honored, Jazz in the Gardens, Black homeownership

Opinion: The best way to honor our past is to protect borrowers in the present

The true value of grandparents: 2 families explain how much you can save with free childcare

I Used to Dream of Retiring at 50, but These 8 Factors Have Me Now Targeting 65

The true value of grandparents: 2 families explain how much you can save with free childcare

I Used to Dream of Retiring at 50, but These 8 Factors Have Me Now Targeting 65

Impact investors aren't always tracking the social or environmental outcomes: new research

If I have $5 million but only need $3 million to retire - should I use on my kids for things wedding or spend it on myself?

Impact investors aren't always tracking the social or environmental outcomes: new research

If I have $5 million but only need $3 million to retire - should I use on my kids for things wedding or spend it on myself?

Parents Are Buying Their Kids Better Credit Scores

Building Wealth for All: The Power of Baby Bonds in Connecticut - Non Profit News | Nonprofit Quarterly

Musk, Gates, Bezos: Meet the Gen Z and millennial heirs now coming into their own - and set to inherit billions

Jill On Money: Be like Buffett and give (charitable giving 2024)

Musk, Gates, Bezos: Meet the Gen Z and millennial heirs now coming into their own - and set to inherit billions

Jill On Money: Be like Buffett and give (charitable giving 2024)

I Received a Large Sum of Money When I Was Young. What I Used It on Is Coming Back to Haunt Me.

Ramit Sethi says these old tips from your parents don't work anymore and they can end up costing you millions

I Received a Large Sum of Money When I Was Young. What I Used It on Is Coming Back to Haunt Me.

Ramit Sethi says these old tips from your parents don't work anymore and they can end up costing you millions

Malcolm Washington, John David Washington, Danielle Deadwyler on the Power of "The Piano Lesson" | Interviews | Roger Ebert

Job-hopping could mean bigger salaries, but a $300K lifetime loss in retirement savings

A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations

California has a history of racist land seizures. Will reparations bills bring justice?

A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations

California has a history of racist land seizures. Will reparations bills bring justice?

Europe's millionaires taking kids to special events to prepare wealth transfer

Non-Traditional Wealth-Building Strategies for Black Women - Blavity

Europe's millionaires taking kids to special events to prepare wealth transfer

Non-Traditional Wealth-Building Strategies for Black Women - Blavity

I'm a multimillionaire, but I'm not leaving my kids any cash inheritance. I think it would be a mistake to make them wealthy.

How a TV ministry took over a family's 400-acre Bahamas estate for a fraction of its value

2 "Magnificent Seven" Stocks That Could Create Lasting Generational Wealth | The Motley Fool

Crowd Goes Wild as Michelle Obama Roasts Trump for Failing Forward' and Having the The Affirmative Action of Generational Wealth'

U.S. Bank celebrates Black achievement with zines in the New York Times

Planning Commission backs historic zoning for east side beauty shop - Austin Monitor

#generational-wealth
#generational-wealth