Legacy planning for the kids with gold - who else is

Andrew Roberts

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Legacy planning for the kids with gold - who else is

andrew_roberts👑Elite (1m-5m)

about 2 months ago

Key Takeaways

•Been thinking a lot about the future lately, especially for my grandkids.
•My own kids are doing well, but I want to make sure I'm setting up the next generation for true financial security.
•We’ve probably got around a 30% allocation to physical gold and another 10% in mining stocks across various accounts, give or take.

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Been thinking a lot about the future lately, especially for my grandkids. My own kids are doing well, but I want to make sure I'm setting up the next generation for true financial security. We’ve probably got around a 30% allocation to physical gold and another 10% in mining stocks across various accounts, give or take. This approach has served me incredibly well since the dot-com bust, and frankly, I don't see why it wouldn’t continue to be a cornerstone for wealth preservation.

My wife and I have been discussing how to best transfer this gold. Thinking about perhaps setting up some kind of trust that gradually disburses a certain amount of physical gold or gold-backed ETFs over time, maybe starting when they hit 25 or 30. The idea isn't just a handout, but to instill an understanding of real assets and financial independence beyond the whims of the market and endless money printing. I remember my own father, bless his soul, always telling me to "hold something real." He was right then, and he's even more right now.

For those of you with significant gold holdings, especially those in the 7-figure range, how are you handling legacy planning with it? Are you gifting it directly, using trusts, or some other mechanism? Are you educating your beneficiaries on why you chose gold, or just leaving it for them to figure out? I’m here in Palm Beach, seen a lot of money come and go, and the truly enduring wealth always seems to have a solid base in tangibles. Would really appreciate hearing what strategies others are employing.

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3 comments

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Best Answer▲ 10 upvotes

robert_thompson💰Established (100-250k)

This is a great thread! I've been doing something similar, though perhaps not as aggressively as 30% yet. More like 15% physical and another 5-7% in a gold ETF for my son's future. It's definitely an interesting way to think about long-term wealth transfer outside of the usual stocks and bonds. Glad to see others are on the same page.

Comments (3)

robert_thompson💰Established (100-250k)Real Investor✓ Verified•about 2 months ago

thomas_walker🏆Advanced (250-500k)Real Investor✓ Verified•about 2 months ago

That's a thoughtful approach! I'm curious, when you say "various ac," are you referring to different types of accounts, like IRAs vs. taxable brokerage accounts, or something else?

donald_nelson💎Premium (500k-1m)Real Investor✓ Verified•about 2 months ago

That's an interesting approach to legacy planning! While I totally get the appeal of gold for long-term security, especially with the volatility we've seen, I've personally been leaning more towards diversified index funds for my own kids' future. The historical returns, even adjusted for inflation, have been pretty compelling over the really long run. Gold definitely has its place for hedging, but as a primary growth vehicle for the next generation, I'm not entirely convinced it beats broad market exposure for sheer compounding power.

Your purchasing power dropped 25% since 2020

Gold outpaced inflation every decade for 50 years. See what it could do for your IRA.

Under $100k? Compare options →