Recessions are never good for anyone. A sputtering economy means miserable financial, emotional, and physical-health consequences for everyone from infants to retirees. But the next one—if it happens, when it starts happening—stands to hit this much-maligned generation particularly hard. For adults between the ages of 22 and 38, after all, the last recession never really ended.
Millennials got bodied in the downturn, have struggled in the recovery, and are now left more vulnerable than other, older age cohorts. As they pitch toward middle age, they are failing to make it to the middle class, and are likely to be the first generation in modern economic history to end up worse off than their parents. The next downturn might make sure of it, stalling their careers and draining away their wages right as the Millennials enter their prime earning years.
In Episode #2 of the Independent Wealth Planner Strategies podcast, Jennifer Lang is teaching clients simple financial planning strategies.
In this webinar you will learn:
Financial Struggles and Solutions
What Happens When You Don't Plan for Retirement
How To Be Intentional Saving Money
No-Market Risk Solutions for Building Wealth
Tax-Free Retirement Planning