Only half of millennials are aware that money held in registered savings plans can be used for the purchase of a first home.
Helping millennial clients
Kids may be becoming a financial luxury, as more than half of Canadians feel they can't afford both family life and home ownership.
The St. Louis Fed has found 50% of American 25-year-olds live with their parents, up from just over a quarter in 1999.
Four in ten (43%) of the affluent millennials surveyed believe they will have more than enough income when they retire, despite putting saving for retirement near the bottom of their priorities.
The past few months, I’ve noticed a telling trend: the average overpayment for houses in my neighborhood far exceeds what I paid
Millenials aren't prioritizing medical care, compared to other generations. Yet they're the most likely to want employers who play an active role in supporting their overall health and wellbeing.