(Chicago, IL, Thursday, February 20, 2020) – In order to help millennials reach their financial goals and retire with a comfortable lifestyle, the National Association of Personal Financial Advisors (NAPFA) is offering tips for how millennials can enhance their savings and thrive financially.

Heading into 2020, more than half of millennials have not considered their options for retirement, according to a new survey. Furthermore, one in three millennials do not think they will ever be able to retire.

Half of millennials describe their relationship with money as stressful. For example, 32% regret the amount of money they spent on college.

Top goals millennials want to work on are saving more, paying off debts and planning for retirement, according to the survey.

The right guidance and professional advice can help make financial planning feel approachable. 58% of millennials do not know where to look for a financial planner.

NAPFA’s group called NAPFA Genesis, is aimed at mentoring financial planners 33 years old and younger.

Since 1983, the National Association of Personal Financial Advisors has provided Fee-Only financial planners across the country with some of the highest standards possible for professional competency, comprehensive financial planning, and Fee-Only compensation. With more than 3,800 members across the country, NAPFA is the leading professional association in the United States dedicated to the advancement of Fee-Only financial planning. Learn more at www.napfa.org.

Comments are closed.

© News Generation, Inc. 2020