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| Millennials’ Most Valuable Asset: Time |
| According to data from John Hancock Retirement Plan Services and Allianz Life, many Millennials have already fallen behind recommended retirement savings targets—but they also have time to recover and set the right approach.
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| Millennials Essential |
| Many studies have shown that two-thirds of retirement advisory practices have no succession plan. This widespread failure among retirement plan practices to consider the future can be particularly troubling, as “the average age of all advisers today is 51, 21% are over the age of 60, and 50% are within 15 years of retiring,” says Richard Saperstein, managing director and chief investment officer at HighTower Treasury Partners in New York City.
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| Millennials Favor ESG Amid Unfavorable Political Climate |
| While little concrete policy has yet been crafted, it is commonly assumed that the Trump administration will have little enthusiasm for promoting environmental, social and governance investing.
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| Millennials Fret Their Student Debt Load |
| More than half of all young workers worry about repaying their student debt “either all the time or often,” according to a new survey by American Student Assistance.
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| Millennials Overconfident in Their Financial Knowledge |
| Less than a quarter know the basics about finances.
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