"generational wealth" is correct and usable in written English.
You can use it to refer to the wealth that is passed down from one generation to the next. For example, "By investing wisely, the family was able to amass enough generational wealth to secure their future."
With their generational wealth in tatters, their quality of life markedly worse than prior generations, and as they stare down down one of the worst student-debt crises in history, growing up millennial means facing unusual living situations.
He answers her: "Generational wealth, that's the key.
"Generational wealth," he explained, gesturing at grand Colonials on a hilly cul-de-sac.
In turn, this has wider consequences for housing and wider society, and would exacerbate the generational wealth divide that already exists.
Mr. Eisenberg of Georgetown pointed to studies by Boston University gauging the transfer of generational wealth over the next 30 years, estimated to be as much as $20 trillion, of which, he said, "a significant amount may go to philanthropy".
"The stark generational wealth divide has grown since the financial crash, as a result of the recently retired being relatively protected in a downturn where house prices had a swift recovery, while real wages took six years to start increasing again.
The only way to gain the kinds of often-generational wealth that the 1% has been able to gain is through controlling the populations it relied on to make its wealth.
While estate planning is a topic many don't like to think about, it's a critical issue for managing cross-generational wealth.
In fact, we're on the cusp of the largest inter-generational wealth transfer in history.
We have overwhelming evidence from the United States that the inter-generational wealth gap between white and black is tied directly to home ownership and government policy.
As a strong believer that "sometimes saving money and planting roots is an act of revolution", Monica created the Wealth Revolution Mastermind — a membership program designed to empower women to create multi-generational wealth by investing in themselves and in real estate.
