Discussing Wealth and Relationships with the Next Generation – David McAlvany

Real legacy is so much more than just the financial—it’s about passing down values, family identity, and hard-earned wisdom. Baby Boomers and the Silent Generation are expected to pass down a combined $84.4 trillion in assets to younger generations over the next 2 decades. Will the younger generations be ready to receive, maintain, and grow that wealth? This week, David McAlvany joins the show to share how you can successfully pass down that intangible wealth to the next generation.

As a leader of the McAlvany Group, David is an expert in precious metals and has a great amount of insight to share on not just passing on and managing wealth, but also the principles of creating wealth. (His weekly commentary is one of the few podcasts I religiously listen to when it releases.) Make sure to tune in today and hear some incredibly valuable lessons in generational wealth, vision, and legacy.

Minute Markers:

2:27 – David McAlvany’s experience in generational wealth and the difference between theory and practice.
3:54 – Doing life with other people and navigating both tangibles and intangibles.
5:28 – The importance of being curious and intentional about your growth and legacy.
6:49 – How to deal with the negativity in technology and culture that pulls the family apart.
14:18 – How to be intentional about creating family connection, communication, and growth.
25:12 – Redemption and the moment of truth that changed David’s relationship with his father.
27:48 – The healing process for relationships and how intentionality comes into play.
32:40 – How to navigate challenges and obstacles.
34:47 – The importance of investing in yourself.
36:38 – A cautionary tale of how simply receiving wealth can be debilitating.

If you like this episode, here are more episodes we think you’ll enjoy:

David McAlvany – Building Wealth and Legacy in Inflationary Times – Ep# 489
Alastair Macdonald – Circumventing Economic Crises and the Pursuit of Wisdom – Ep# 493
Anna Kelley – Building Wealth and Teaching Financial Wisdom to the Next Generation – Ep# 475

Featured on the Show:

David McAlvany: Website | Twitter | Facebook | Podcast
The Intentional Legacy by David McAlvany
McAlvany Wealth Management
Get your free copy of my new book: FreedomFounders.com/HowMuchIsEnough
Sign up for my next webinar at FreedomFounders.com/Webclass

#legacy #familywealth #intangibles #nextgeneration #generationalwealth #DavidMcAlvany

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Power Concepts:

“It’s important to look and say, if we want to build a legacy, what is this that carries beyond us?” – David McAlvany

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“When we think about culture, that’s what we’re really talking about when we talk about that intangible balance sheet. How are we cultivating? How are we curating? How are we inspiring? How are we guiding?” – David McAlvany