Millennials Believe They Will Earn Millions and Retire By 56

Millennials have a rosy outlook concerning retirement financial solvency that doesn’t square with reality. Most Millennials, the age demographic of young people between the ages of 21 to 37, expect to retire by the age of 56. A large percentage of Millennials also expect to become millionaires something within their lifetimes. Investment brokerage company T.D. […]

Young Americans Set to Inherit $30 Trillion. That Affects Their Whole Retirement Mindset

Over 63% of affluent young adults between the ages of 18 and 22, the so-called Generation Z demographic, are counting on familial inheritances to pay for their retirement years. This is according to a recent Merrill Edge Spring Report compiling data on the subject. Considering that the children of affluence have more access to resources […]

As Bonds Bottom, Big Japanese Bank Moves Aggressively into Hedge Funds, Real Estate

Japan Post Bank (JPB) will increase its investment allocation to alternative assets, including real estate, hedge funds, private equity, and private debt by about ¥7 trillion ($64 billion) in the next three years. The move comes as a strategic decision to offset an expected yield decline in the Tokyo-based bank’s massive holdings in Japanese government […]