There are 9 parameters to address to create wealth for generations to come. These include Goal Alignment, Tax Strategies, Asset and Investment allocation, Retirement Planning, Philanthropy, Estate Planning, Real Estate Strategies, Tuition Planning and Life Insurance. It can be overwhelming for individuals, especially busy professionals and entrepreneurs to streamline all these 9 parameters by themselves and that’s why it is advisable to hire wealth coaches to help you in all these 9 domains.
In order to create wealth for generations, it is imperative to not only have the growth mindset but also train your next generation with the mindset to grow wealth. It becomes equally important to understand the mindset of the next generation and their thoughts on the new age investment opportunities like alternative investment portfolio or crypto. This generation of investors have seen more ups and downs as compared to many previous generations, and hence there have...
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