“If only millennials had more money, they would be at the top of every investment adviser’s list of target markets. Today, millennials (born from 1982 to 2000 and numbering 83 million in the U.S.) comprise one-quarter of the U.S. population and now outnumber baby boomers (born from 1946 to 1964).  The problem is that millennials control…

“One of the last things on the mind of most millennials is death. Typically their thoughts and plans center on other things. Most of them probably feel that estate planning is to be done when they are in middle age at the earliest. But that is a huge mistake. Many millennials have just as much,…

“Generation after generation, people have tended to procrastinate when it comes to estate planning. There is nothing new about this. However, a report from PEW Research Center shows that Millennials may have even less reason to create an estate plan at a young age than previous generations. They are holding off on getting married, buying…

“Millennials often believe that estate planning isn’t necessary—at least, not at this stage of life. Some of the most common reasons include: Thinking it’s too early to worry about estate planning, since they have many years ahead Assuming that estate planning isn’t important for people who don’t yet have children Believing they don’t have enough…

“It’s no revelation that estate planning isn’t a top priority for people in their 20s and 30s, especially since they typically haven’t amassed the kind of assets folks 10 or 20 years older may have (unless they’re Mark Zuckerberg). But just because they’re young and poor now doesn’t mean they lack incentive to make thoughtful decisions about…

©2016 Marsalese

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