How do y’all feel about building generational wealth?
I keep hearing people say to do it, but if I’m not gonna have kids to leave it to idk that I care 🤷🏻‍♀️

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Generational wealth is a term I only hear used by people who grew up without money or the possibility of an inheritance. All it is is ensuring that the next generation will get some $$ from you when you pass. I'm not sure why we need to give heirs or their inheritance a trendy new phrase like generational wealth.

As a child free individual, we'll need to amass more wealth because our end of life care will (in theory) be more expensive because we won't be able to rely on the next generation to take care of us.

Personally, I plan on choosing a friend or family member's child to help arrange my care when the time comes with the understanding that they will be included in my will when I go. Obviously, before the worst happens, I plan on developing a close relationship with them beforehand. I'm going to be a cool aunt before I become a burden.

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FIRE

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Took me way too long to figure out what that was 😬

Check out the Childfree Wealth podcast! Lots to unpack and the host is fantastic

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I am planning on leaving stuff for my niece.

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Same

Leave it all to a charity

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Or spend it all before you die. That’s our plan.

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