Monthly Archives August 2017

Millennials Are Saving, But For Financial Freedom, Not “Retirement.”

Millennials–people between the age of 18 and 34–are the largest demographic group in America as of 2015. And according to a recent study by Bank of America’s Merrill Edge, they are also saving more money than any other group, with 36% of them stashing away 20% of their salary. But it’s not for “retirement” per se. They are saving money so they can “live their desired lifestyle.”   If you haven’t been actively pursuing this group, you might want to consider it. Millennials need your help beyond robo-advice. Research by UBS has suggested that millennials have become the most financially conservative generation since
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