The generation gap is narrow when it comes to young, wealthy investors.
The increased number of young adults moving in with Mom and Dad is hampering a housing recovery.
One of the informal yardsticks of financial success is to ask whether you are better off than your parents. According to a recent survey, the answer depends on whether you’re a man or woman. Women make $1.17 for every $1 their mothers earned 30 years ago but men are making 10 cents per hour less
More potential first-time homebuyers are living with their parents instead of shopping for a home, further stalling a housing recovery. Mortgage rates are at record lows and home values have dropped — significantly in some areas of the country — since the heights of the housing bubble, yet young people are locked out of the
Discussing money used to be one of the taboo topics of polite society, along with religion and politics. Unfortunately, many wealthy parents won’t even discuss money with their kids, leaving them ill-equipped to handle finances and the emotions that often come with inheriting wealth. One survey, by SEI Private Wealth Management, showed that about a