Ewpple | Income For Life
www.ewpple.com
Ewpple 5 biggest financial problems millennials are now facing
1. Crushing student loan debt
Student loan debt is at an all-time high.
2. Need to save longer to buy a house
Homes value has increased much faster than inflation.
3. Struggling to build wealth
Living costs, lifestyle habits, and debts made savings difficult.
4. Spending more money caring for aging parents
Life expectancy & medical fee increase resulted in higher elderly care costs.
5. Need to save more for retirement
Inflation reduces spending power by 2/3 in 40 years. $1,000 in the future equals today's $300 spending power.
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