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Building Generational Wealth Stage 2

When I wrote Building Generational Wealth, I outlined a system that I think would work well for most people.  I have since been asked “how can / should I give more money to my kids or grandkids than what you have outlined?” Synopsis of Building Generational Wealth: For Children: Giving …

Gifting an Inheritance at Birth

In my article Building Generational Wealth I discussed how I plan to contribute $16,000 to my grandchildren at birth in order to give them a huge jump start on wealth building.  Using the rule of 72 and an assumed 8% annualized return,  $16,000 will become $74,000 at 20, $161,000 at …