May 2022
18May

Why are millennials better at saving than their parents?

Millennials started saving for retirement in their mid-20s, about 10 years earlier than baby boomers, a new Charles Schwab report says. But experts still predict that millennials will be less secure in retirement than their parents or grandparents. The most common retirement plans today tend to be riskier, with smaller potential payouts. Student loans, soaring housing costs, COVID-19, recessions and gig working are some of the other challenges millennials have faced. Millennials are now the world’s largest adult generation...

May 18, 2022
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05May

Using dollars for change. Seven key insights into impact investing for 2022 and beyond

By FIDELITY Charitable Impact investing is the practice of making purposeful investments that generate financial returns, while also helping to achieve social or environmental benefits— exemplifying the idea of “doing well while doing good.” The idea of linking one’s investments and values has become increasingly popular in recent years, particularly as there are generational shifts in wealth from Baby Boomers to Gen Xers and Millennials. Younger generations bring a new mindset to their everyday decisions—seeking to align their choices with their...

May 5, 2022
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03May

Millennials Will Make Impact Investing Mainstream

Impact investing will likely become a mainstream investment strategy as millennials attain more wealth, according to a Fidelity Charitable study that found that 61% of millennial investors already practice impact investing, compared with only one-third of all investors. “We find that investors are increasingly interested in aligning their investments with their broader values and desire for social change,” Scott Nance, vice president of impact investing at Fidelity Charitable, said in a statement. “And the trend toward values-based investing will only...

May 3, 2022
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December 2021
14Dec

Educación financiera previsional: hacia una cultura de ahorro para el retiro sustentable

Por Gerardo Yáñez-Betancourt, Zaide Patricia Seañez Martínez, Werner Horacio Varela-Castro & María de los Angeles Briceño-Santacruz Desde hace muchos años un gran problema es el manejo de la seguridad social de las personas en edad de retiro por pensión, cesantía o vejez. En México hace 24 años se cambiaron las condiciones para incorporar a la entonces fuerza laboral y su futuro previsional basado en cuentas financieras individuales. De esto surgen entre otras algunas interrogantes. ¿Qué tanta preocupación tiene la población...

December 14, 2021
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November 2021
23Nov

México. Si no ahorran, Millennials tendrán que vivir con $70 diarios

Si los jóvenes no ahorran, tendrán que sobrevivir con pensiones de poco más de 2 mil pesos mensuales, es decir, unos 70 pesos diarios, advirtió el Sistema de Ahorro para el Retiro (SAR). La Consar dio a conocer los resultados de estimaciones pensionarias que se realizaron para cotizantes al Instituto Mexicano del Seguro Social (IMSS) de 36 años de edad o menos, mostrando diferentes alternativas que podrían aumentar el monto de tu pensión futura. El ejercicio consideró un supuesto de Densidad...

November 23, 2021
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October 2021
18Oct

South Africa. Millennials hardest hit financially in 2020, study shows

Young people employed in medium to large companies and belonging to a retirement fund were harder hit financially by the pandemic than their middle-aged colleagues, with higher retrenchment rates and higher levels of financial stress, as measured by their credit scores and their default rates on debt. This is one of the findings of the annual Alexander Forbes Member Insights report, released this week, which surveyed almost a million members across the hundreds of retirement funds Alexander Forbes administers. While...

October 18, 2021
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August 2021
03Aug

México. Millennials temen llegar a la vejez sin dinero: encuesta

Las nuevas generaciones se plantean diversos proyectos a largo plazo, sin embargo éstos distan mucho de lo que otras generaciones planeaban anteriormente. Un caso muy común tiene que ver con la adquisición de una vivienda, donde actualmente muchos jóvenes que pertenecen a la generación millennial consideran complicado acceder a un patrimonio por diferentes factores. En este sentido, la plataforma de asesoría financiera Adulting realizó una encuesta a los millennials, la cual arrojó que los temas de dinero y finanzas personales son...

August 3, 2021
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June 2021
09Jun

Educación financiera ¡para todos!

Por Sebastián Bozzo , Dominique Birkner Educación financiera ¡para todos! Diez historias para entender fácilmente el mundo de las finanzas pretende ser una herramienta que facilite el acceso a contenidos financieros a personas jóvenes y no tan jóvenes. De la mano de las protagonistas, Domi y Fran, y sus experiencias cotidianas, las y los lectores conocerán desde el origen del dinero y los diferentes instrumentos financieros, hasta algunos conceptos importantes sobre la inversión y el ahorro previsional para la vejez. Consigue...

June 9, 2021
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February 2021
12Feb

Millennials’ Adoption of Personal Financial Management (PFM) Technology and Financial Behavior

By Brian Walsh, HanNa Lim This paper uses the Technology Acceptance Model to analyze the factors associated with personal financial management technology (PFM) adoption among millennials and extends the analysis to understand how PFM adoption is associated with financial behavior. Data from the 2018 National Financial Capability Study was used for this analysis. Evidence suggests that millennials engaging in digital side hustles, such as Uber or Lyft, are significantly more likely to adopt PFM technology. Individuals experiencing higher financial pressure...

February 12, 2021
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09Feb

How do we stop a generation from sleepwalking into retirement?

Five years on from the introduction of Pension Freedoms, new research by The People’s Pension and State Street Global Advisors has shown that mature savers are sleepwalking into retirement. They risk running out of Defined Contribution pension savings and, with a third of their retirement still to come, could spend their later years reliant on the state pension. In-depth research by consultancy Ignition House explores both retirement planning and spending habits following the introduction of freedoms in 2015. The...

February 9, 2021
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