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How advisers can get Gen Yers to take some risk

(By – Jamie Hopkins, Investment News)

Young investors’ conservative investing mindset will work against them in saving for retirement

Generation Y (age 18-34) is very concerned about the future of Social Security and has a strong desire for other sources of guaranteed income, such as annuities, to provide secure monthly income in retirement.

That’s according to a new study released by TIAA-CREF that included seven questions on retirement. The survey polled roughly 1,000 respondents, age 18 and older.  Read more…


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