Do you save and invest for your third and fourth age?

[pousinha]

My couple hasn't children, so we don't bother about what to do in order they could inherit. Otherwise, we would have been forced to choose between to save for the next generations or our third-age (if we live enough to reach the third-age).

 

[Augusta]

Yes, Generational wealth relies on strong financial structures, like corporate setups and trusts.

 

[Min George]

Even the Bible encourages people to leave a inheritance for their children's children. I am building wealth that my third and fourth generation should step into.

 

[pousinha]

Even the Bible encourages people to leave a inheritance for their children's children. I am building wealth that my third and fourth generation should step into.

You are doing the right thing. It's called Bible economy. Whoever has children should avoid whatever spendthrift and nonsense expense for their sake (especially during lean times as ours).

 

[Augusta]

Even the Bible encourages people to leave a inheritance for their children's children. I am building wealth that my third and fourth generation should step into.

Way to go it is not just about making today and finishing it.thsts so wrong. We need to save for the future

 

[Min George]

No need to save money for the next generation. Just secure solid investment in real estate and agriculture for them. They would have a take off financially with that.

 

[pousinha]

Real estate in the western countries is good only for people who is into such an environment from generations. Otherwise, you'll only end up pulverizing your patrimony cause shameful taxes and bureaucracy (the governments tend to treat landlords as the public enemy n.2, as the public enemy n.1 is the entrepreneur).