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One millionaire says watching their parents struggle with money completely changed the way they think about work, retirement and raising children, and questioned why more people don\u2019t prioritize building generational wealth<\/a> for their families.<\/p>\n \u201cI had a regular middle class upbringing,\u201d the original poster wrote on Reddit\u2019s r\/Money<\/a> forum. \u201cWonderful parents. But they struggled with the bills, terrible with money and had nothing to leave the kids when they passed.\u201d<\/p>\n The poster said that experience pushed them to focus heavily on building wealth for future generations<\/a>.<\/p>\n \u201cI didn\u2019t want that for my kids and will probably earn as much as I can as long as I can for their future,\u201d they added.<\/p>\n For individuals focused on building and preserving long-term family wealth, structuring investments, retirement accounts and estate planning strategies can become increasingly complex. AdviserMatch helps connect investors with financial advisors<\/a> who can provide guidance on retirement planning, tax strategy and long-term wealth transfer considerations.<\/p>\n Don’t Miss:<\/p>\n Many Said Most People Are Just Trying To Survive <\/p>\n The post quickly turned into a discussion about why so many people don\u2019t prioritize generational wealth.<\/p>\n Some commenters said the answer is simple: most Americans are barely getting by.<\/p>\n \u201cMajority of Americans will never be able to make generational wealth let alone lifetime wealth,\u201d one person wrote.<\/p>\n Another commenter said many families are struggling just to avoid becoming financial burdens on their children later in life because of healthcare costs, retirement pressures and rising living expenses.<\/p>\n Others argued that the entire idea of generational wealth has become unrealistic for average earners.<\/p>\n \u201cMost people can\u2019t generate wealth for themselves,\u201d one commenter wrote.<\/p>\n Still, plenty of people strongly agreed with the original poster\u2019s mindset.<\/p>\n \u201cI literally only work for my kids,\u201d one person wrote. \u201cIf it was just me, I\u2019d\u00a0 retire. I grew up poor and am good with money. I want better for my kids.\u201d<\/p>\n Trending: This Under-$1 Pre-IPO AI Company Is Still Open to Retail Investors \u2014 Learn More<\/a><\/p>\n Another commenter who grew up poor said they wanted to give their children \u201can arsenal of wealth\u201d because \u201clife is brutal\u201d and financial security can dramatically reduce stress and suffering.<\/p>\n The original poster later revealed they were aiming to leave behind somewhere between $10 million and $20 million.<\/p>\n \u201cI mean, I\u2019m not talking insane money,\u201d they wrote. \u201cBut even a few million, with the potential to continue growing could become 9 figures.\u201d<\/p>\n Too Much Wealth Can Backfire <\/p>\n To many in the thread, excessive financial comfort can result in entitled children who lack ambition or purpose.<\/p>\n \u201cGenerational wealth tends to make future generations become rich losers,\u201d one person wrote, \u201cand then, eventually, poor losers.\u201d<\/p>\n Another commenter shared that they had seen wealthy children completely waste fortunes through reckless spending and poor life choices.<\/p>\n See Also: Everyone’s watching EV stocks \u2014 fewer are paying attention to the lithium powering them<\/a><\/p>\n Several people repeated a common saying about family fortunes disappearing within three generations.<\/p>\n \u201cGrandfather makes the family fortune, Father improves or expands it, Son squanders it<\/a>,\u201d one person wrote.<\/p>\n Because of that, many parents in the thread said they cared more about teaching financial literacy, work ethic and independence instead of simply leaving large inheritances.<\/p>\n Some said paying for college, helping with a first home or allowing children to graduate debt-free already counts as generational wealth.<\/p>\n The original poster appeared to agree with that balanced approach.<\/p>\n \u201cI have no intention of my children knowing we\u2019re \u2018well off\u2019 until they\u2019ve done right on their own first,\u201d they wrote. \u201cI live a very modest life, modest home, modest vehicles, don’t fly first class etc. Short of telling them, they have no idea we have millions.\u201d<\/p>\n Read Next: More Than Half of Americans Aren’t Prepared for Retirement \u2014 Including 62% of Gen Y<\/a><\/p>\n Building Wealth Across More Than Just the Market <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.<\/p>\n Rad AI<\/p>\n RAD Intel is an AI-driven marketing platform helping brands improve campaign performance by turning complex data into actionable insights for content, influencer strategy, and ROI optimization.<\/a> Positioned within the multi-hundred-billion-dollar digital marketing industry, the company works with global brands across sectors to improve targeting precision and creative performance using its analytics and AI tools. With strong revenue growth, expanding enterprise contracts, and a Nasdaq ticker reserved under $RADI, RAD Intel is opening access to its Regulation A+ offering, giving investors exposure to the growing intersection of AI, marketing, and creator economy infrastructure.<\/p>\n Immersed<\/p>\n Immersed is a spatial computing company building immersive productivity software that enables users to work across multiple virtual screens inside VR and mixed-reality environments.<\/a> Its platform is used by remote workers and enterprises to create virtual workspaces that reduce reliance on traditional physical hardware while improving focus and collaboration. The company is also developing its own lightweight VR headset and AI productivity tools, positioning itself in the future-of-work and spatial computing space. Through its pre-IPO offering, Immersed is opening access to early-stage investors looking to diversify beyond traditional assets and gain exposure to emerging technologies shaping how people work.<\/p>\n Connect Invest<\/p>\n Connect Invest is a real estate investment platform that allows investors to access short-term, fixed-income opportunities backed by a diversified portfolio of residential and commercial real estate loans.<\/a> Through its Short Notes structure, investors can choose defined terms (6, 12, or 24 months) and earn monthly interest payments while gaining exposure to real estate as an asset class. For investors focused on diversification, Connect Invest may serve as one component within a broader portfolio that also includes traditional equities, fixed income, and other alternative assets\u2014helping balance exposure across different risk and return profiles.<\/p>\n rHealth<\/p>\n rHealth is building a space-tested diagnostics platform designed to bring lab-quality blood testing closer to patients in minutes rather than weeks<\/a>. Originally validated in collaboration with NASA for use aboard the International Space Station, the technology is now being adapted for at-home and point-of-care settings to address widespread delays in diagnostic access.<\/p>\n Backed by institutions including NASA and the NIH, rHealth is targeting the large global diagnostics market with a multi-test platform and a model built around devices, consumables, and software. With FDA registration in progress, the company is positioning itself as a potential shift toward faster, more decentralized healthcare testing.<\/p>\n Arrived<\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.<\/p>\n Masterworks<\/p>\n Masterworks enables investors to diversify into blue-chip art, an alternative asset class with historically low correlation to stocks and bonds<\/a>. Through fractional ownership of museum-quality works by artists like Banksy, Basquiat, and Picasso, investors gain access without the high costs or complexities of owning art outright. With hundreds of offerings and strong historical exits on select works, Masterworks adds a scarce, globally traded asset to portfolios seeking long-term diversification.<\/p>\n Lightstone<\/p>\n Lightstone DIRECT gives accredited investors access to institutional-quality multifamily real estate opportunities backed by a vertically integrated operator with more than $12 billion in assets under management and a 40-year track record.<\/a> With more than 25,000 multifamily units nationwide \u2014 including significant exposure to low-supply Midwest markets where rent growth has remained resilient \u2014 Lightstone is positioning investors to benefit from tightening housing supply, strong occupancy trends, and long-term rental demand. Through Lightstone DIRECT, individuals can co-invest alongside the firm, which commits at least 20% to each deal, offering exposure to professionally managed multifamily assets designed to generate durable income and long-term appreciation beyond the traditional stock market.<\/p>\n AdviserMatch<\/p>\n AdviserMatch is a free online tool that helps individuals connect with financial advisors based on their goals, financial situation, and investment needs<\/a>. Instead of spending hours researching advisors on your own, the platform asks a few quick questions and matches you with professionals who can assist with areas like retirement planning, investment strategy, and overall financial guidance. Consultations are no-obligation, and services vary by advisor, giving investors a chance to explore whether professional advice could help improve their long-term financial plan.<\/p>\n Accredited Debt Relief<\/p>\n Accredited Debt Relief is a debt consolidation company focused on helping consumers reduce and manage unsecured debt through structured programs and personalized solutions<\/a>. Having supported more than 1 million clients and helped resolve over $3 billion in debt, the company operates within the growing consumer debt relief industry, where demand continues to rise alongside record household debt levels. Its process includes a quick qualification survey, personalized program matching, and ongoing support, with eligible clients potentially reducing monthly payments by 40% or more. With industry recognition, an A+ BBB rating, and multiple customer service awards, Accredited Debt Relief positions itself as a data-driven, client-focused option for individuals seeking a more manageable path toward becoming debt-free.<\/p>\n Image: Imagn<\/p>\n This article Their Parents Were ‘Terrible With Money’ And Left Them Nothing. Now A Millionaire Wonders Why More People Don’t Think About Generational Wealth<\/a> originally appeared on Benzinga.com<\/a><\/p>\n \u00a9 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 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