Ken Dychtwald Quotes (9 Quotes)


    People are dying to talk about this, but nobody had been asking the right questions.


    We are about to see the biggest transfer of wealth in history, and we found that everyone was focused on the wrong thing. Many people wrongly assume the most important issue is money. While it isn't trivial, it's way down the list.

    Baby boomers, who are starting to turn 60 this year, are probably well aware of the financial challenges that lay ahead but few may realize what they will experience emotionally. We have discovered that retirement is a complex process made up of distinct emotional stages, similar to other life transitions, such as pregnancy or grieving and loss.

    We found that when you ask people to talk about inheritance, everyone clams up, ... Inheritance is about money, and it's seen as greedy. But ask them to talk about legacy ... it's as if we hit some kind of magic button, and people open up about leaving behind family values and traditions -- and money was just a piece of that.


    On conveying values, there is a sense that these things go on throughout their life, ... it's not a matter of 'tell me from scratch,' but a sense that these dimensions of our relationship at the end of the day may be more important than a thousand dollars here or 100,000 there.

    Many people wrongly assume that the most important issue among families is money and wealth transfer -- it's not. What we found was the memories, the stories, the values were 10 times more important to people than the money.

    everybody clammed up. That word spoke about money and greed and all sorts of things that no one wanted to talk about.

    The generations are really quite different in their nature, philosophy, lifestyle, music the way they think and talk.


    More Ken Dychtwald Quotations (Based on Topics)


    Money & Wealth - Nature - Memory - Greed - Finance - People - History - Generation - Babies - Philosophy - Music - Life - Golf - Family - Sense & Perception - View All Ken Dychtwald Quotations

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