There are a number of reasons that millennials are not feeling financially secure, and most of them are very different from the financial woes of other generations. We can work together to Empower Their Lives.
“Attention, parents of Millennials: Your Gen Y kids — those 83.1 million 18-to- 34-year-olds who now comprise the largest generation — may fuel your angst at times, but they need your help to navigate the increasingly complex path to financial security.
Many Millennials simply aren’t confident about where they stand financially. Only 43% feel financially secure, according to a January 2016 Harris Poll for Northwestern Mutual, where I’m vice president of planning.”