Avantax’s Post

Our wealth planner Isabel Barrow highlights the need for open dialogue about inheritance to align expectations between baby boomers and their heirs. Discover how a clear financial plan can bridge generational gaps in CNBC: https://bit.ly/3WENN7W #FromHereForward

Baby boomers are poised to pass on $84.4 trillion in wealth over the next two decades. Whether your inheritance is big or small, you don’t have to navigate the complexities alone. We will guide you through the process and help you determine how your inheritance may impact your financial goals. Get an overview here: https://bit.ly/3XUTy25 #AmeripriseFinancial #SimplifyLife #BuildMeaningfulRelationships #InspireConfidence #FinanacialPlanning #Inheritance #WealthPreservation

I'm honored to be featured in Yahoo Finance discussing the financial habits of frugal baby boomers. It's fascinating to explore how financial discipline can lead to long-term success. Check out the article here: https://lnkd.in/e8qcNA3V

Our research shows that emotive language is frequently used to describe Baby Boomers and their relationship with their finances. Words like “lucky” and “comfortable” can create tensions between generations when compared against each other. Our campaign, Make Money Ageless, wants to end this. Let’s get focused on individual circumstances to boost financial wellbeing. Uncover how the media frames you at https://hubs.li/Q02CBtn_0 #makemoneyageless

This article really paints the picture of the many decisions that we are suddenly faced with when our parents pass away. It’s not uncommon to find oneself a trustee and/or executor, and a beneficiary while still grieving and trying to keep up with our own lives. When our parents have a functional, comprehensive estate plan, it truly is one of the greatest gifts they can leave us. If we don’t know what our parents plans and wishes are, the window is closing for all of us to figure it out. A helpful way to approach this conversation with our parents is to let them know your intentions to care for them - that you want to be certain that you clearly understand their wishes surrounding their medical and elder care needs. At the very minimum, our parents should have both durable and medical Power of Attorney forms, HIPAA forms, guardianship forms, and advance medical directives. This is the only way that everyone can be on the same page as our parents, including their physicians. Our parents should know that once everything is sorted, there will be no need for further discussions unless they want to bring it up. Let them know how grateful you are to have a plan and know their wishes. So many parents have a plan. It’s just a matter of respectfully opening the dialogue. #estateplanning #financialplanning

The language used in the media is creating a divide, with research revealing that over half of finance articles portray Baby Boomers negatively. Our campaign, Make Money Ageless, calls for an end to these labels and a focus on individual financial circumstances. Discover how the media frames your financial future at makemoneyageless.com #makemoneyageless

Are #BabyBoomers the wealthiest generation that ever lived? 💰 When it comes to wealth accumulation, baby boomers have certainly hit some remarkable milestones. But how are other generations faring in terms of wealth? 🤔 Listen to our wealth expert Kathrin Stoffel as she discusses the financial landscapes for #GenX and #GenZ and what the future holds for them. 📈✨ Watch the full video below! 👇🎥 #WealthManagement #GenerationalWealth #FutureOfFinance

Are #BabyBoomers the wealthiest generation that ever lived? 💰 When it comes to wealth accumulation, baby boomers have certainly hit some remarkable milestones. But how are other generations faring in terms of wealth? 🤔 Listen to our wealth expert @Kathrin-Stoffel as she discusses the financial landscapes for #GenX and #GenZ and what the future holds for them. 📈✨ Watch the full video below! 👇🎥 #WealthManagement #GenerationalWealth #FutureOfFinance

Baby boomers are poised to pass on $84.4 trillion in wealth over the next two decades. Whether your inheritance is big or small, you don’t have to navigate the complexities alone. We will guide you through the process and help you determine how your inheritance may impact your financial goals.

Over the two decades, more than $84 trillion in assets will be left behind by baby boomers and members of the Silent Generation as they shuffle off their mortal coils. Are you expecting an inheritance and unsure how to manage it? DM or visit www.ClearWorthFinancial.ca to learn more about how we can help and schedule a time to chat with us. #FinancialEducation #FinancialGoals #ClearWorthFinancial