Millennials & Retirement: Redefining the Future
Millenarians celebrate their 40th anniversary this year, while younger generations celebrate 25. This generation changes the way retirement is defined, with traditional sources of income becoming rare and property ownership becoming less accessible.
Many millenarians choose to remain active in the workforce for financial reasons and personal satisfaction. The workforce is experiencing a radical transformation, with employees seeking better opportunities and entrepreneurship becoming a new trend. The millenarian generation is expected to be healthier in retirement than previous generations.
Source: iA Private Wealth