[101] Generational Wealth - Men's Forum

Some ideas for making sure your family is well taken care of for many generations to come

(not financial advice)

-what does that mean to you and your family

-define it, make it a goal. 5, 10, 20 year plans

-mindset in wealth

-grow up poor, or financially challenged

-education for kids

-low cost index fund

-real estate

-own a business, buy existing business

-reduce inheritance tax

-earn money vs make money vs keep money

-estate planning

- life insurance

- will or trust

- stocks that pay dividends

- net worth inner circle, surround yourself with a few people doing slightly better than you. Not too high so it's not realistic

- pay your kids through your business to contribute to their own Roth IRA

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