Sat, Aug 24
|The Harrison Center
Wealth Builders Summit 2024
Expert-led session on homeownership, leveraging ADUs, and life insurance strategies for wealth building. Elevate your financial future!
Time & Location
Aug 24, 2024, 11:00 AM – 1:30 PM
The Harrison Center, 2863 35th St, Sacramento, CA 95817, USA
About the event
Wealth Builders Summit 2024:
Bridging the Wealth Gap through Education and Empowerment
In 2021, households with a White householder made up 65.3% of all U.S. households and held 80.0% of all wealth. In stark contrast, Black households, comprising 13.6% of all U.S. households, held only 4.7% of all wealth. The median wealth for Black households was just $24,520, compared to $250,400 for White households. In 2022, these disparities persisted, with Black households holding 15.8% of the median wealth of White households, and Latino/Hispanic households holding 21.6%. By the third quarter of 2023, homeownership among Black and Latino/Hispanic households remained significantly lower than that of White households.
These statistics highlight the urgent need for financial education and strategic planning to bridge the wealth gap and create lasting economic opportunities for all communities. The Wealth Builders Summit 2024 is designed to address these disparities and empower attendees with the knowledge and tools needed to build and sustain wealth.
Homeownership:
- Homebuying 101: Essential guidance for first-time homebuyers, including access to special programs.
- Outside-the-Box Financing: Innovative financing solutions to help you secure your dream home.
ADUs (Accessory Dwelling Units):
- How to Build an ADU: Practical advice on planning and constructing an ADU to enhance property value.
- Leveraging ADU Income: Strategies for generating additional income through ADUs.
Life Insurance Strategies:
- Creating a Tax-Free Retirement: Using life insurance to build a tax-free retirement income.
- Executive Bonus Plans: Benefits of executive bonus plans for business owners and key employees.
- Living Benefits: How life insurance can provide financial support during critical illnesses or disabilities.
Join industry experts as they share valuable insights and actionable advice to help you maximize your wealth potential. Light refreshments will be served. Don't miss this opportunity to elevate your financial future and contribute to closing the wealth gap in our communities!