Are Millennials ‘Financially Fragile?’
April 9, 2019 by Cassie Miller
BALTIMORE — The rising cost of living and cost of education has changed the financial landscape for millennials. But as Matthew Greenwald and AnnMarie Pino of Greenwald & Associates discovered, there’s more for advisors to understand when it comes to millennials and financial fragility.
Greenwald and Pino led a session today at the 2019 Retirement Industry Conference, presenting recent survey results of financial behaviors and habits across five generations. Funded and made public by the Society of Actuaries, Greenwald and Pino’s research sought to compare and contrast how each generation’s habits shaped their retirement readiness and outlook.
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