mishtalk.com / Mike “Mish” Shedlock / March 5, 2017
Fidelity has an interesting Family Finance Study about the attitudes and expectations of boomers and their millennial children regarding retirement finances and healthcare.
To qualify, parents had to be at least 55 years of age, have an adult child older than 25 and have investable assets of at least $100,000. Children qualified if they were at least 25 years of age, had at least $10,000 saved in an IRA, 401(k) or other investment account.
Clearly, that’s not a representative study. Regardless, the results are interesting.
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