Generational Wealth ‘Curse’ Is Causing 90% of Families To Run Out of Money — How To Beat the Odds
Generational wealth, often envisaged as a blessing, has been paradoxically termed as the ‘curse’ due to the startling statistic that up to 90% of families deplete their inherited wealth by the third generation. This phenomenon, known as “shirtsleeves to shirtsleeves in three generations,” hints at the potential pitfalls accompanying inherited wealth. So, what propels this […]
