How advisers can get Gen Yers to take some risk
Generation Y (age 18-34) is very concerned about the future of Social Security and has a strong desire for other sources of guaranteed income, such as annuities, to provide secure monthly income in retirement. That's according to a new study released by TIAA-CREF that included seven questions on retirement. The survey polled roughly 1,000 respondents, age 18 and older.
Hopkins, Jamie Patrick, "How advisers can get Gen Yers to take some risk" (2015). Faculty Publications. 146.