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title: ""Almost one-quarter of baby boomers think their kids will not be able…"
date: 2021-04-05
source: facebook
type: Archer T. Ships shared a link.
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# "Almost one-quarter of baby boomers think their kids will not be able…

*April 5, 2021 · Facebook*

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[https://money.com/rich-families-lose-wealth/](https://money.com/rich-families-lose-wealth/){target="_blank"}
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\"Almost one-quarter of baby boomers think their kids will not be able to handle wealth properly until the ripe age of 40. And almost half of wealthy individuals over 70 agree.\
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That is why you should give your heirs a financial roadmap in the form of a family mission statement, advises U.S. Trust. You can lay out what you expect in terms of spending, saving, and giving back, as well as pass along strategies for building wealth.\"
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