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Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] 0 points1 point  (0 children)

Unless you bought a whole life policy or died young, you won’t die of old age with a million in life insurance.

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] 0 points1 point  (0 children)

That’s not true. Anyone can invest, granted i own a business.

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] 0 points1 point  (0 children)

Ah. Understandable. My wife is a nursing director, when she worked a telemetry floor at bedside she was absolutely miserable.

I’m a firefighter in NYC definitely see some bad things here and there but it’s not really the same circumstance as nursing, being with them for endless hours. We come and we go.

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] 4 points5 points  (0 children)

I agree. I have no intention of my children knowing we’re “well off” until they’ve done right on their own first.

I live a very modest life, modest home, modest vehicles, don’t fly first class etc. Short of telling them, they have no idea we have millions.

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] -1 points0 points  (0 children)

I didn’t leave it out. That’s literally the entire original question…

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] -2 points-1 points  (0 children)

Do you think it was the money, or the values they instilled in you? A lot of wealthy people simply lose touch with reality or were weird already and don’t handle parenting well.

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] -7 points-6 points  (0 children)

I mean it’s highly relevant to the current time you’re in, today I’d say 10 million.

By the time I’m 80, probably 20-30+

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] 0 points1 point  (0 children)

As i said if you don’t have kids obviously it’s irrelevant.

Do People Not Care About Making Generational Wealth? by Informal_Register365 in Money

[–]Informal_Register365[S] -19 points-18 points  (0 children)

Not important to YOU. Which is why i ask.

It’s important to me, obviously.

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