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20% Of Millennials Will Die With Debt?

In a shocking recent study on www.cnbc.com, the average millennial (aged between 18 to 34) is currently carrying $36,000 in personal debt excluding any home mortgage they have.  While this debt is certainly crushing this generation, just over 60 percent of millennials with debt have absolutely no idea when they are going to pay this debt off that they owe. But the real sobering data that came out of the survey is that one out of five millennials expect that they will carry this debt to the grave with them.  Is that any way to live? How did we get here? The debt that has cursed the millennials generation has come in three large forms; the largest and the most widely bandied about is the student debt.  Now, north of 1.6 trillion dollars of total student debt, the average student is closing in on $30,000 of student debt when they graduate college and with wages rising at a very slow ...

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Join Me on the Journal Report Spreecast: Retirement Planning for Millennials

Co-CEO and Founder of oXYGen Financial, Ted Jenkin, has been asked to be on select panel for the Wall Street Journal’s Retirement Planning live video interview. Please join us and show your support! You can RSVP for the live spreecast by clicking the link below. http://www.spreecast.com/events/retirement-planning-for-millennials. Thank you for your continued support! ...

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Generation Y’s goal? Wealth and fame.

Generation Y's goal? Wealth and fame. Eighty-one percent of 18- to 25-year-olds surveyed in a Pew Research Center poll released today said getting rich is their generation's most important or second-most-important life goal; 51% said the same about being famous. ...

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