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 ...

You might not feel rich, your bank app might not sparkle, and no one’s handing you a trophy — but that doesn’t mean you’re not quietly laying the foundation for major generational wealth. In fact, ...

Forbes contributors publish independent expert analyses and insights. I am a personal finance expert and writer. "When I start a class, I always ask, 'What happens to your assets if you die without a ...

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 ...

Generational wealth often gets portrayed as something for only the ultra-rich, people with massive incomes, trust funds or seven-figure investment portfolios. But financial experts say that idea is ...

You don't have to go to these extremes, but you do have to make sacrifices to save.

My mother never had substantial savings, investments or anything of value other than her house. It was her wish to pass on her only significant asset to her three kids: me, my brother and my sister.

See why boomers hold a disproportionate share of U.S. wealth, while younger generations face rising costs, slower wealth ...

America is in the midst of the greatest wealth transfer in history. Over the next decade, an estimated $80 to $100 trillion will pass from baby boomers to their children and grandchildren. But one ...

Here’s where my internal conflict comes in. I’ve worked hard academically and I’m proud of what I’ve achieved, but I haven’t faced the kind of survival-level struggle he did. I was born into privilege ...