the.com/generational wealth
money that outlives the person who made it and starts arguments after they're gone.
means assets passed down through a family — property, investments, businesses — that give the next generation a head start instead of a zero balance.
from the phrase surged in american usage post-2008, when a shrinking middle class rebranded old-money inheritance talk into a shared aspirational goal, not just a Rockefeller thing.
main driverhomeownership, not stocks, builds most family wealth.
racial wealth gaplargely explained by inherited assets, not income.
vanishes fastabout 70 percent of family wealth gone by generation two.
real causeoften financial literacy gap, not the money itself.