Millennials are the generation born between 1981 and 1996 – they came of age during the Great Recession and are dealing with several unique financial problems, including a much higher student loan debt burden and the need to save much more than their parents for life milestones (e.g. having children, buying a home, retirement). As a result, millennials born in the ‘80s are at risk of becoming a “lost generation” for wealth accumulation.
AJ Monaco, Vice President of Washington Trust wealth management talks about building wealth for Millennials on today’s show.
For more information go to https://www.washtrustwealth.com/