generational wealth
Passed-down prosperity
Generational wealth is assets passed down from parents to children—money, property, investments, or businesses that accumulate across family lines.
The term often appears in discussions of economic inequality, since families with generational wealth have advantages that compound over time: Her success came easier because of generational wealth; mine started from zero.
- old moneyLong-established family fortune
- patrimonyInherited estate or legacy
- estate planningPreparing asset distribution posthumously
- inheritanceProperty received from ancestors
- passing downGiving to successors
asset · trust funds · trust fund baby · family trust · succession planning · compound interest · legacy · family legacy · class mobility · asset protection · aristocracy · hereditary rights · primogeniture · privilege · heir · endowment · estate · portfolio
- family generationsgrandparents, grandchildren, grandparent, grandchild, family tree
- economic inequalityincome inequality, income gap, pay gap, wage gap, economic disparity
- family businessfamily business, family enterprise, family ownership, succession plan, succession planning
- Money Beliefsfrugality, materialism, consumerism, thrift, financial independence
- Real Estate Goalshomeownership, equity, appreciation, profit, rental income
- Wealth & Inheritancetrust fund, estate, inheritance, will, bequest
generational wealthgenerational poverty
Want transmitted across descendants
cycle of poverty · poverty trap · downward mobility · economic instability · paycheck to paycheck
generational wealthself-made wealth
Money earned independently
new money · rags-to-riches · rags to riches · self-made millionaire · nouveau riche
generational wealthstarting from nothing
wealth, generation, generate, generator, generations, generated, generating, generational