I was reading a Washington Post piece recently about helicopter parenting recently when a line in the story stopped me in my tracks. At the end of a short list of easy-to-use tests to determine whether you are a helicopter parent was the admonition: “Stop doing their homework.” Parents are doing their kids’ homework? Where were these parents when I was in middle school? As crazy as that sounds, we all know parents nowadays who coddle their children, who hold their hands through every challenge, who refuse to let them fail. And yes, some of them probably do their homework… Read More
Categories: Generation Y / Millennials, iGenForbes recently cited several surveys and polls that found Gen-Xers falling behind with or completely ignoring their financial futures. A Harris poll commissioned by the Transamerica Center for Retirement Studies found that 25 percent of the Gen-Xers it surveyed had no sources of information for retirement and 45 percent didn’t even want to think about it. Forty-six percent of the Gen-Xers surveyed by Allianz Life in May were essentially playing it by ear until they hit retirement age. A Northwestern Mutual report found that 82 percent of Gen-Xers don’t believe they’ll be able to retire comfortably and 18 percent don’t… Read More
Categories: Financial Services, Generation X