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[quote=Anonymous][quote=Anonymous]I think generational wealth is wealth where people are living comfortably off of estate income and not off principal. If you have three kids and want them to have income of $330,000 after you pass, that total income is then $1 million. If you want the principle to grow 4% and the estate kicks out $1 million you’d need around $25 million assuming a total return of 8%. Eventually your grandchildren would have income but the per person amount is dependent on the # of grandchildren. [/quote]

This exactly.  We currently have enough to do just this.  We can generate 2x our current income from our wealth (and still working), and that’s with 60% in CD/treasuries/protected money.  It generates well over $1.5 M currently. 
Already own our two homes outright.  College for all kids is paid for/funded.  
Our kids, grandkids and (way less but good amount) for grand nieces/nephews will be well off in life. 
As long as future generations are smart, they will maintain it.  An extra $100-200k per year is life changing for a 20-30 yo[/quote]

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