Young adults want to accomplish things quickly, so ease of doing business is important to them when they work with an insurance advisor.
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Financial planning for young adults is more like a winding road, said an advisor who works with multigenerational clients.
Most Gen Z adults are hesitant to purchase life insurance because they see it as either too expensive or too complicated.
Life insurers must recognize that today’s young consumers are digital natives.
While Gen Z had a higher percentage of financial dependency on their parents (61%), nearly half (47%) of millennials still consider themselves somewhat or very financially dependent on their parents.
When discussing life insurance with younger clients, it’s important to understand their unique needs and tailor your approach accordingly.
Generation Z seeks flexibility and free choice when it comes to workplace benefits.
A survey conducted by Greenwald Research for the Society of Actuaries finds the Gen Z and millennials worry about early death but not as much about the real risks.
Despite facing significant economic headwinds, millennials have a solid financial foundation, according to a recent survey.
Offering a comprehensive benefits package is more important now than ever before in an increasingly competitive job landscape, and employers must keep up if they hope to recruit and retain top talent.
Financial professionals share their strategies for winning new Gen Z and millennial clients, and talk about how the generations differ.
Nearly 70% of Generation Z and millennial consumers believe the current economic environment is hurting their ability to be financially independent adults and more than 1 in 4 don’t feel optimistic about their current financial situation, according to new research by Experian.
Millennials have established themselves in their careers and are beginning to generate wealth. Here’s how you can serve them.
