CNLP 653 | Ken Costa on The 100 Trillion Dollar Wealth Transfer, When Millennials and Gen Z Inherit Unprecedented Money, and The Keys to Wealth For Beginning Investors

The Carey Nieuwhof Leadership Podcast

Global investment banker, financier, and philanthropist Ken Costa talks about the 100 trillion dollar wealth transfer that's happening over the next decade as Boomers pass on their wealth to their Millennial and Gen Z children. He discusses what happens when the next generation inherits that much money and the key to wealth for beginning investors.

Show Notes

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TIMESTAMPS:

Misconceptions about money and faith (00:10:45)

Compound interest and investment (00:22:16)

The $100 trillion wealth transfer (00:25:40)

Influence of wealth transfer on the housing market (00:28:44)

Impact of technology and inheritance (00:32:06)

Generational divide and church's role (00:35:16)

Technology's empowering role (00:38:49)

Preparing for the wealth transfer (00:43:09)

Churches and estate planning (00:46:05)

The vision for generational unity (00:50:29)

Financial advice for younger generations (00:52:31)

Brought to you by The Art of Leadership Network