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Wealth

Building and Preserving Wealth: Strategies for Baby Boomers

Wealth is often perceived as a measure of financial prosperity and Security, but its definition can vary widely depending on individual perspectives and life stages. For Baby Boomers, wealth encompasses not only financial assets but also stability, security, and the ability to maintain a certain standard of living throughout Retirement. The ideal of the American Dream-home ownership, a stable job, and financial security-is a powerful motivator for the Baby Boomer Generation. This section explores how seniors are building their Legacy through wealth, how they may transfer wealth to the next generation, factors that influence wealth accumulation, and investment strategies that help to preserve the wealth of our elders.

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