Since World War 2, the plan was simple: work hard, eliminate debt as fast as possible, save and invest wisely, enjoy retirement and pass on whatever is left. For younger generations, it’s a world that feels further out of reach than it did for their parents in today’s challenging reality: inflation driven by unrestrained government spending with no end in sight, sluggish wage growth and the high cost of a first home. Raising children on a single income is unrealistic for most.
So, what’s the best approach to getting your children on their own path to financial independence? The optimal answer is unique to each family’s situation and we can help.
The goal of our webinar, How to Set Your Next Generation on the Path to Financial Independence, is to share what we’ve learned from working with families on this question, and factors worth considering if helping the next generation matters to you.
Topics we covered:
- How attitudes toward intergenerational wealth transfer are shifting
- The difference between a “hand up” and a “hand out” — and how thoughtful, values-based gifting supports independence rather than dependency
- “Giving while living” — considering the idea of helping your children and grandchildren when the help is most needed, rather than only at the end of your life
- Real examples of how this can look in practice (education savings, first-home savings accounts, major purchases, and more)
- How IWM can help your next generation increase financial literacy, build healthy financial habits and make consistently wise decisions to build the maturity to receive your legacy
Webinar recorded on July 9th, 2026.
