Establishing a family legacy based on your life's work can allow your heirs to enjoy a financially secure lifestyle, which is undeniably a valuable safety net in a competitive world. Generational wealth can open doors to a top-notch education and lucrative financial opportunities for your children, which in turn can help them build their earning potential while creating a solid foundation for their own kids. Here's how you can ensure your hard-earned wealth continues to benefit your family for generations to come.

For parents of adult children, it's not just a fact but a significant responsibility that today's young adults are facing many financial barriers. As a parent, you aren't just a provider of emotional support but a crucial advisor on their journey to financial independence. Your guidance can help your adult children start their financial journey on the right foot, leading them towards the financial health that will enable them to move out on their own.

It's not a secret that the financial landscape is always evolving and often confusing. This is particularly true for Gen-Z born between the mid-1990s and early 2010s. Unlike previous generations, Gen Z has grown up witnessing economic recessions, explosive growth in student loan debt, and a rapidly changing job market. If these experiences have shaped your view on money, you're not alone. Many of your peers have had their perspective on financial health challenged and ultimately shaped by outside influences and evolving circumstances, too. As a result, it's not uncommon for earners in this age group to be fiscally conscious and wary of traditional financial paths. 

You can take control of your financial freedom at any age, though - remember, it’s never too soon to get started.