Feb 13, 2024
In this episode, Wade discusses the transfer of wealth from baby boomers to millennials, highlighting the importance of efficient asset transfer and financial education. He talks about utilizing whole life insurance and emphasizes empowering heirs for long-term success. Join him as he navigates the complexities of wealth transfer and legacy building.
Episode Highlights
00:39 How money will be transferred across generations
01:42 The importance of transferring wealth efficiently and
ensuring children and beneficiaries are better off
03:23 Common approach to money-saving and asset depletion for
transfer to the next generation
04:43 The benefits and guarantees of life insurance
07:04 Value of financial education for children
09:44 Help and potential resources for family financial planning
and education
10:23 Why you need to be open-minded about different financial
strategies
Episode Resources
- Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com