Every person, regardless of age, can participate in creating a livable community. According to a newly published report from Generations United and the Eisner Foundation, opportunities that bring different generations together—even the tougher ones involving “tack[ling] critical problems” benefit the entire community.
En español | What do boomers and millennials have in common? As it turns out, much more than you’d think. Last week, millennials from coast to coast were discussing state options to give 55 million workers a simple way to save. Our AARP California office hosted a “Work and Save” Summit at East L.A. College, in partnership with the Young Invincibles, a national nonprofit, nonpartisan organization that advocates on behalf of 18-34-year-olds. In New York City, AARP teamed up for a shared discussion on financial security and workplace savings.
You hear a lot about things that are in. Well, today for the first time in years, America’s cities are where it’s at. And an amazing transformation is occurring: Cities are reinventing themselves and becoming innovation hubs. ( Pittsburgh, Denver and Austin are just a few examples.) And that doesn’t just mean attracting Silicon Valley startups.
Just 26 percent of people under 30 are investing in stocks, according to a survey published by Bankrate.com, a personal finance site. By comparison, 58 percent of adults ages 50 to 64 invest in stocks. Since millennials have a much longer time horizon, stocks are generally more appropriate for them. So this trend is exactly the opposite of what logic would dictate.
Weddings bloom in summer, and sometimes those festivities blossom all at once for boomer parents and their adult children. The average age for a bride is 29 and for a groom, 31. When the adult children of friends and family hover in that age category, we can expect many invites, sometimes too many for our budget and schedules.
The traditional markers of adulthood usually include employment, financial independence, marriage, a home and children. And many of our millennials are taking their time achieving them, especially compared to their boomer parents.
Many of our adult children face a daunting job outlook. The post-recession recovery has been particularly difficult for young adults who have experienced double-digit unemployment rates for more than 70 consecutive months, according to The Young Invincibles, a think tank in Washington, D.C.
Between Black Friday and Cyber Monday, it's impossible to get away from the message that we should be making a list and checking it twice. We wondered if adult children ever age out of the gift list.
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