Baby Boomers “Most Valuable Generation”

Baby Boomers “Most Valuable Generation”

Posted On February 21, 2013

While everyone seems focused on capturing the attention of Millennials, the Baby Boomers are still the “most valuable generation,” according to a Nielsen report. Over the next five years, Boomers are expected to account for 50% of all consumer spending and to control 70% of all disposable income, according to…

Categories: Advertising, Baby Boomers, Blog

Millennials, Gen Xers Most Concerned about Spending, Saving, and Investing

Posted On February 20, 2013

The two youngest generations, Millennials and Generation X, are the ones most concerned about their spending, saving, and investing, according to a TD Canada Trust survey.  In contrast, 80% of Boomers feel they are managing their money well, even if 56% feel they don’t have enough of it. Millennials are…

Categories: Baby Boomers, Financial Services, Generations, Wealth, Work

Millennials are Conservative, Wary Investors

Posted On February 14, 2013

Millennial investors are more conservative and less trusting than other generations of investors, according to a recent Accenture survey. 43% describe themselves as conservative and say they prefer (27%) the “tried and true” compared to 31% and 19% of Boomers, respectively. Millennials are also much more likely to consult other…

Categories: Blog, Financial Services

Millennials Are Stressed Out

Posted On February 13, 2013

According to a survey for the American Psychological Association (APA) by Harris Interactive, Millennials are the most stressed out generation.  A majority of Millennial adults report symptoms like difficulty sleeping that are usually related to stress. 40% report their stress has shot up significantly in the last year, compared with…

Categories: Recession Economy, Training Industry

Wealthier Boomers Want More Advice

Posted On February 7, 2013

The wealthier the Baby Boomer, the more likely he or she will seek financial advice, according to an analysis by Millionaire Corner. Meanwhile, middle income or “Mass Affluent” (net worth between $100K and $1M) are more likely to self direct their finances. Only a quarter high net worth Boomers (>$5M)…

Categories: Baby Boomers, Financial Services, Wealth

Gen X Focused on Retirement Saving, Millennials Not So Much

Posted On February 5, 2013

Nearly half of Generation X (46%) cites retirement as a top-10 reason for saving and investing but less than a third of Millennials see it the same way. So says a new survey by LIMRA that assessed the younger generations’ attitudes about saving and investing. While Xers seem to focus…

Categories: Financial Services, Work