Many people want to know how to build generational wealth for their family members. Today, we dive into five insights on how you can leave money to your partner, children, grandchildren, or others.
While various options exist to build and leave wealth, we cover some of the most popular ones.
Wealth Inside and Out® Podcast: “How to Build Generational Wealth with These 5 Insights”
In this episode, you will learn:
>> (3:10) What is generational wealth?
>> (5:55) How passive and residual income can boost your wealth-building
>> (7:46) One wealth-building strategy that many don’t consider
>> (9:20) How building wealth can help with your retirement income
>> (10:32) Considerations for income from annuities
>> (12:12) One of the easiest ways to build generational wealth
>> (14:39) How the death of a spouse impacts your retirement benefits
>> (16:22) The sample advisory team blueprint
Conclusion – “How to Build Generational Wealth with These 5 Insights”
Leaving your loved ones better off is a priority for many people. Today, you will learn several options to leave your heirs more money, and ways to make the transfer of wealth easier.
In today’s episode, you will learn several considerations and ways you can help prepare your heirs to manage their inheritance better.
Enjoy the episode.
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This information is for educational purposes only. It is not intended to replace the advice of any advisor or specialist, nor to provide investment, financial, tax, retirement, planning, or healthcare advice.
Always consult with a qualified professional before making any financial decisions or changes.
To your financially secure life,
Annette