A recent study by the Insured Reitrement Institute found that over 75 percent of individuals categorized as “Generation X” (i.e. people with birth dates from the early 1960s to the early 1980s) do not consult with a financial advisor to help plan for retirement. Furthermore, 65 percent of people in Generation X who make $75,000 or more in income, do not have a financial advisor.
These are disturbing numbers, especially since we have data indicating the benefits of working with a financial advisor. The study found that, for Gen Xers working with a financial advisor, 23% had $200,000 or more saved for retirement, compared with 12% among those not working with a financial advisor.
To learn more, check out my full article on this issue here:
http://insightlaw.net/bobbys-blog/generation-x-missing-the-financial-boat-by-not-working-with-an-advisor
No comments:
Post a Comment