Tag Archives | wealth
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Think You’ll Inherit? What You Think May Be All Wrong

Many Americans may have an unrealistic view of how much they’ll inherit, and that’s especially true of millennials, or the generation born between 1981 and 1996. There seems to be a huge disconnect between what millennials think they’ll inherit and what’s actually on the way, writes Rose Kennedy for the Atlanta Journal Constitution, quoting Adam Financial […]

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Gloria Vanderbilt Didn’t Leave Her Fortune To Her Kids. Should You?

Gloria Vanderbilt, socialite, heiress and successful fashion designer, died last week at age 95. Years ago, she reportedly decided not to pass on her substantial fortune to her children, including CNN anchor Anderson Cooper. In a 2014 interview with Howard Stern, Cooper explained why he was OK with her decision.  “My mom’s made clear to me […]

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What Does It Take To Be Wealthy Today?

Charles Schwab’s annual Modern Wealth Survey asked 1,000 Americans how much money it takes to be considered wealthy today. They responded that you need $2.3 million to break the wealth barrier (although that’s more than 20 times the actual median net worth of U.S. households, according to the Federal Reserve). Not quite there yet? Not to […]

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