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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
Manage episode 420710685 series 75129
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.
Follow @careynieuwhof
Follow @theartofleadershipnetwork
This episode is sponsored by:
Forward-thinking pastors are turning to texting—a direct and effective way to reach your congregation. Our partners at Gloo are offering free, unlimited texting to up to three groups in your system.
Visit gloo.us/freetexting
What if I told you that you can get a personalized assessment of your youth ministry in just 5 minutes? Well, now you can! To complete your free Relational Discipleship Inventory and access other expertly curated resources, visit TENx10.org today.
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
902 episodes
Manage episode 420710685 series 75129
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.
Follow @careynieuwhof
Follow @theartofleadershipnetwork
This episode is sponsored by:
Forward-thinking pastors are turning to texting—a direct and effective way to reach your congregation. Our partners at Gloo are offering free, unlimited texting to up to three groups in your system.
Visit gloo.us/freetexting
What if I told you that you can get a personalized assessment of your youth ministry in just 5 minutes? Well, now you can! To complete your free Relational Discipleship Inventory and access other expertly curated resources, visit TENx10.org today.
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
902 episodes
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