StatsCan compared financial data for the two generations at the same stage in their lives
LendEDU found 65% of millennials in the U.S. prefer human advisors to robos
Why some younger couples are seeking different solutions when they split
Plus, does Canada have a housing affordability issue?
Some Canadian parents may be jeopardizing their retirements with support for their grown-up kids
Millennials place greater trust in robo-advisors, compared with older investors
Clients’ career paths are becoming less straightforward, and you need to adapt
Offer to introduce the child to investing or help the family manage
Younger demographic is serious about savings goals
Investing isn’t the number-one financial priority of young Ontarians, reveals OSC research. While most young Ontarians save (80%), fewer than half (47%) invest. (The study is based on those aged 18 to 36.) Reasons cited for not investing include: having other financial priorities (68%), not having enough income or savings (66%), not knowing enough about […]