…Contrary to what many believe, stepping up and taking care of ill, disabled, or elderly family members has become the new normal for millennials. The latest Millennial Caregiver Report from…
Search Results for: millennial
What Do Different Generations Care Most About in Their Estate Planning?
…a quarter of millennials cited “2020/The Pandemic” as the primary reason for creating an estate plan; • Most millennials created an estate plan after the birth of a child (38%);…
Why Should Millennials and Gen Zers Care About Estate Planning?
Dear Raider, I’m in my 20’s and have never thought about estate planning. My older sister recently told me at a family gathering that she has her estate planning documents…
Retirement Risks faced by Millennials, Generation X, and Baby Boomers
…Outlook for Different Age Groups The recently released Transamerica Center for Retirement Studies’ (TCRS) 20th Annual Retirement Survey of Workers examines the retirement outlook for Millennials, Generation X, and Baby…
Resources for Millennial Caregivers
…of the stress you are experiencing. Here is a list of some blogs, organizations, Facebook groups, and online resources for millennial caregivers: Websites/Blogs WorkingDaughter.com – So often, daughters and granddaughters…
Why Should Gen Z’s and Millennials Care about Social Security?
Dear Oakley, I was born in 1997 and am therefore considered Gen Z. My wife, who is two years older and a millennial, and I are many decades away from…
After the Covid-19 Pandemic—How It Has Impacted Retirement
…B grade on their finances, up from 50% in May 2020. The Edward Jones survey revealed that “the majority of Americans, particularly Gen Z and Millennials, say the pandemic has…
Grandparents Are Experiencing Better Emotional Well-Being Than Others During The Pandemic
…for millennials (24-39) and 31% for Gen Z (18-23). Twenty four percent of the millennials and Gen Zers answered “not well,” compared to 15% of Gen X, 12% of the…
Gen Xers Are Facing an Alarming Retirement Reality
…study also found that planning for the new retirement reality is particularly challenging for Gen Xers. Unlike millennials, who still have ample time to save before retirement, and boomers, many…
TikTok and Caregiving: The #Dementia Hashtag on TikTok Has over 3 Billion Views!
…channel together. Revere caught the eye of other young caregivers and now has more than half a million followers on TikTok, including many fellow millennials who are also caregivers and…
AARP Report Examines Today’s Family Caregivers
…Family caregivers are increasing in diversity. Nearly one in four is a millennial, 40% are men, and about 40% represent multicultural communities. • Caregivers perform complex tasks: Family caregivers are…
Do Middle Class People Set Up Trust Funds?
…their heirs,” says Hillary Hoffower, Senior Reporter on millennial wealth for Business Insider. “Middle-class citizens can set up trust funds too.” But, before you can decide if a trust fund…
Fast-Forward: PBS Helps Viewers Take Control of the Rest of Their Lives
…Fast-Forward, four millennials & their baby boomer parents go through an “aging bootcamp” to see their futures and attempt to answer the question, “If you knew now, what you’ll know…
The Ins and Outs of Reverse Gifting
…often not sufficient to live on, so these seniors may need additional assistance to make ends meet. According to TD Ameritrade, one in five millennials and Gen Xers who are…
Electronic Wills: Replacing Ink Signatures with Digital Ones
…in Charlottesville, to do the same, as well as my daughter who is a millennial. My daughter, who does everything online these days, asked me a question that has been…
What Is the Financial Impact of Caregiving? New Report Offers Interesting Insights and Valuable Tips
…caregiving are often steeper for women and millennials. o Women already have 30 percent less income than men during retirement, and a disproportionate number of caregivers (60 percent) are women….
More Untrained Caregivers Performing Medical Tasks
…with 19 hours for Generation X caregivers and 18 for millennials; 30% manage incontinence. The most emotionally challenging task was managing incontinence with disposable briefs; Four in 10 caregivers who…