Financial Goals For Millennials: Stopped Due To Baby Boomers?

VAUGHAN, Ontario - Aug. 7, 2018 - PRLog -- Ira Smith Trustee & Receiver Inc. discusses in their most recent blog about the notion that financial goals for millennials are being hurt by baby boomers.  Not only are we living longer; we're living better. The expression "65 is the new 55" seems to quite accurately describe the changes in our workforce.

Thanks to no mandatory retirement in Ontario, Baby Boomers can work well past 65. According to 2016 census figures, 20% of Canadians are working, either full or part-time, paid or unpaid, past 65. The number of post-retirement workers has doubled since 1995. Unfortunately for millennials who are blaming their financial woes on the Baby Boomers, working longer makes good financial sense.

The blog provides an interesting perspective on how this phenomenon is affecting millennials.  It also provides some basic financial advice to those millennials who are stuck behind the Boomer Generation.

About Ira Smith Trustee & Receiver Inc.

Ira Smith Trustee & Receiver Inc. is a full-service insolvency and financial restructuring practice serving companies and individuals throughout the Greater Toronto Area (GTA) facing financial crisis or bankruptcy that need a plan for Starting Over, Starting Now. We approach every file with the attitude that corporate or personal financial problems can be solved given immediate action and the right plan. Our services include but are not limited to:

Personal Services
Corporate Services
Creditor Services

The entire article can be found at:
http://www.irasmithinc.com/blog/financial-goals-for-mille...

For more information, you can find out more at their website, http://www.irasmithinc.com or contact Brandon Smith at brandon@irasmithinc.com