The Fed shifts on inflation – What does it mean?
The Fed unveiled a revision to its monetary policy, allowing for higher inflation to help support the labor market. We believe this action could keep interest rates low for years.
Millennial
Limited screen time? Not for the media-savvy Millennial. This generation relies on social media and new technology to infiltrate the workplace, raise families and make spending decisions. Now's a good time to welcome Millennials to your practice.
The Generations
- Traditionalist PRE 1946
- Baby Boomer 1946 - 1964
- Gen X 1965 - 1979
- Millennial 1980 - 1995
- Gen Edge 1996 - TBD
Events and Conditions
The formative years have a significant impact on behavior, outlook and generational personality.
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Traits
A unique set of traits characterize Millennials.
Financial Outlook
Risk-averse Millennials are managing debt and want to learn more about investing.
1Shullman Research Center. (2014, March). Millionaires Have Their Own Generation Gap.
2 Wells Fargo. (2014). Millennials and Money.
3 Tan, A. (2014, June). Millennials Face Financial Hurdles.
4 Northwestern Mutual, 2014 Planning and Progress Study. (2014).
5 Generation D: An Emerging and Important Investor Segment. (2013).
6 15 Economic Facts about Millennials. The Council of Economic Advisers. (2014, October).
7 Harris Interactive and Deloitte. (2013, January).
8 Hill, C. (2014, October 8). 1 in 4 Millennials ‘Trust no one’ for Money Advice.
This information is prepared by an unrelated independent third party, BridgeWorks, and is provided for informational purposes only. Ivy Distributors, Inc., believes the information has been obtained from sources considered to be reliable, but does not guarantee the accuracy of the information provided.