As baby boomers head deeper into retirement, financial experts say we are on the verge of a “great wealth transfer.” By 2048, approximately $105 trillion in assets will be transferred to heirs as the ...

Over short periods, the effect of compounding is minimal, but over decades, that growth can become exponential. If you're ...

For many parents, providing for their children goes far beyond daily expenses; it’s about building a foundation for the future. We talked to parents about how they built wealth from scratch to give ...

When ChatGPT was asked to define generational wealth, it explained it as “assets and financial resources that are passed down from one generation to the next, providing ongoing financial stability and ...

As the old saying goes, you can’t take it with you. But at the same time, leaving something to your kids is nice too. But the kids of Gen X — Gen Z and some millennials — might be in trouble, ...

Generational wealth refers to assets passed down from one generation to another, creating a financial foundation that can create significant financial opportunities for future generations. The ...

As the Great Wealth Transfer accelerates, financial advisors are shifting to multi-generational planning to help prepare families.

Black entrepreneurs and franchise leaders gathered at the Reginald F. Lewis Museum in Baltimore on Sept. 27 to explore how ownership and franchising can create generational wealth. Now in its 11th ...

When you imagine the wealthiest people you know — whether in real life or on the covers of magazines — you know that hard work or good luck (or a combination of both) likely played a role in building ...

Wealth in African families often stops where it begins. Even when it reaches the second generation, it rarely continues, leaving women and children out of financial decisions and inheritance. Kakurah ...