Journal of Financial Planning: May 2021
$30 trillion…Amount of wealth expected to be controlled by women by 2030. (McKinsey & Company)
$68 trillion…Estimated wealth of 45 million households that will transfer over the next 25 years. (Cerulli)
54…Percentage of planners who said they meet with their clients’ children less than once a year. (InvestmentNews)
18…Percentage of planners who said they don’t meet with their clients’ children at all. (InvestmentNews)
88…Percentage of millennials and Gen Z who are actively saving some money on a monthly basis. (Betterment)
73…Percentage of millennials and Gen Z who are contributing at least 3 percent of their monthly salary to their retirement savings plan. (Betterment)
72…Percentage of Gen Z who said they do not feel too young to start saving for retirement. (Betterment)
82…Percentage of millennials who say they do not feel too young to start saving for retirement (Betterment)
52.6…Percentage of people contributing to their 401(k) every paycheck. (Personal Capital)
47.4…Percentage of people surveyed who are working with a financial planner. (Personal Capital)
33…Percentage of people who said they were aligning their retirement accounts with their goals and risk tolerance. (Personal Capital)
27.9…Percentage of people who said they were worried about COVID-19’s impact on their retirement savings. (Personal Capital)
>25…Percentage of the U.S. population that is constituted by Gen Z. (Deloitte)
62…Percentage of Gen Z in the U.S. who say increased diversity is good for society. (Catalyst)
30…Percentage of financial planners who are actively looking for clients under age 40. (Corporate Insight)
