MILLENNIAL APOCALYP$E: Why YOU and Other MILLENNIALS are Tracking Toward FINANCIAL DISASTER and How You Can AVOID IT Zane Brown Analytics, LLC, Sep 25, 2022 Millennials are positioned for financial and psychological disaster. They have been disadvantaged by economic events, excessive student debt, and reduced retirement and Social Security benefits. Two recessions, parental (mis)guidance and Internet influences has delayed life decisions, including marriage, home buying, children, and asset gathering. It will be difficult to catch up, especially since millennial experiences have shaped traits that make it difficult for th to save and invest successfully. Studies verify that millennials are more risk-averse, overconfident, and self-dependent than other generations. These characteristics have value but produce poor investment decisions. Such decisions, given the other disadvantages that surround them, almost assure a disappointing future. Millennial Apocalyp$e provides insight into this unique situation and offers solutions to change behaviors and the unattractive outcomes to which millennials seem destined. Hopefully, Millennial Apocalyp$e can empower a generationto change direction, avoid disaster, and build the future lifestyle that they envision. |
