Healthspan

I was very fortunate to attend a Healthspan event this week, focusing on multiple levels of wellness, from brain function to body health to biome diversity to sleep optimization to financial strategies, all to support not just living longer, but living *well* longer. It was an enlightening experience that showcased how many aspects of our lives must be aligned over years and decades.

It also got me thinking, as you can well imagine, about what an expanded healthspan means for inheritance. There were many in attendance who are 70+ years young, still leaning into life, learning new techniques, and thriving. Let’s assume they continue to embrace this mindset and live to enjoy their 80-90+ years. What of their families?

If the generation that won at the game of life lives until they are 85 years young, we can safely assume that their children will be 60+ years young when the inheritance is passed down. And while receiving an inheritance at any time is always a win, is this the optimal time in the next generation’s lives for some financial help? Maybe, but not likely.

More likely it is the grandchildren, the 30 year olds, the Millennials, the folks who are ramping up their own lives and careers and dreams who need the most help. The inheritance process which helped the Boomers hasn’t fully helped GenX (we are currently stuck being a sandwich generation) but can still help Millennials. 

We all want our grandparents and parents to live well for as long as possible. Obviously. And not only are there more and better ways to do this physically, there are new and novel ways to do this financially, too. Boomers can now help the next generation launch their lives without impacting their financial situation. Our parents and grandparents can Live Their Legacy, rather than just leave it. We can help our families move our lives, forward…