Lessons from the Vanderbilts: How to Lose Your Wealth in 3 Generations

Update: 2025-06-12

Description

How did one of America's richest families manage to lose billions of dollars in just 3 generations? Gerald Green of Mattson Financial Services dives into the story of Cornelius Vanderbilt on this week's episode, and discusses ways you can help educate your family so that they learn ways to preserve and protect the legacy you hope to leave. Find more planning resources for your family at www.MattsonFinancial.com.

Comments

In Channel

Dealing With Financial Changes This Fall

2025-10-3048:01

The Government Shutdown's Impact on You

2025-10-2348:02

Fourth Quarter Moves to Improve Your Finances

2025-10-1658:01

4 Things Retirees Might Be Getting Wrong This Year

2025-09-2509:37

Potential Six-Figure Retirement Mistakes (Part 2)

2025-09-1820:43

Potential Six-Figure Retirement Mistakes (Part 1)

2025-09-1210:26

Veggie-flation & Planning for Increasing Costs in Retirement

2025-09-0410:27

3 Important Retirement Questions for Couples

2025-08-2911:48

Am I Missing Out on the AI Boom?

2025-08-2106:59

Private Equity & Your 401(k)

2025-08-1410:01

More Big, Beautiful Tax Perks for Retirees

2025-08-0714:13

What the One Big Beautiful Act Means for Retirees & Pre-Retirees

2025-07-3113:46

Putting Your Lazy Money to Work For You This Summer

2025-07-2408:53

Why Most of Us Fail to Plan for Long-Term Care

2025-07-1709:05

Investing for the Long-Term

2025-07-1010:20

Your Mid-Year Financial Checkup

2025-07-0311:31

Focusing on What Matters vs. Market Volatility

2025-06-2610:10

Tough Questions to Ask Yourself About Retirement

2025-06-1912:50

Lessons from the Vanderbilts: How to Lose Your Wealth in 3 Generations

2025-06-1207:57

Facing a Layoff? Here's What to Do Next

2025-06-0511:48

00:00

Lessons from the Vanderbilts: How to Lose Your Wealth in 3 Generations

#box-pro-ellipsis-176224576397439{-webkit-line-clamp:2;}Lessons from the Vanderbilts: How to Lose Your Wealth in 3 Generations

Lessons from the Vanderbilts: How to Lose Your Wealth in 3 Generations

Laurel Steward

Lessons from the Vanderbilts: How to Lose Your Wealth in 3 Generations