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Three Things You Need To Know | Financial Basics
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Three Things You Need To Know | Financial Basics
Every age division is having its separate issues.
Here's a short list:
- Employment no longer lasts a lifetime
- The sandwich generation faces the largest risk of all
- Current retirees don't have time to ride out storms.
This Northwestern Mutual report tells us that Gen-Z is on the ball: https://news.northwesternmutual.com/planning-and-progress-study-2022
Even before that, there are PRINCIPLES that every age division needs to know.
- Intuition behind formulas is more important that solving equations
- Avoid behavioral biases which exist in all of us
- We can think that we are certain, but what if we are wrong? You need to stay open-minded
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