Boomers vs. Millennials: How Generations Shape Financial Choices | The Financial Commute (Ep. 109)
In this special session recorded live from our 2024 Investor Symposium, COO and CMO Stacey McKinnon leads a discussion with Wealth Advisors Beau Wirick and Priscilla Brehm about how baby boomers and millennials think about money differently.
Here are some key takeaways from their conversation:
- Millennials generally see money as less tangible, trusting credit cards and cryptocurrency more than Boomers.
- Boomers see money as real and finite, largely due to experiences like the Great Depression. Usually, they emphasize saving money and preparing for the future.
- Millennials typically…
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