Tag: millennials
![cropped cruise caption_2](https://crr.bc.edu/wp-content/uploads/2023/08/cropped-cruise-caption_2.png)
The maiden voyage next January of the 250,800-ton cruise ship, Icon of the Seas, with 20 decks of candy-colored amenities, has sold out. The Cruise Lines International Association predicts the industry’s 2023 passenger volume should exceed 2019 levels. Cruises, after going over a financial cliff during COVID, are back! And so is the credit card…
![Senior couple reading documents and calculating bills](https://crr.bc.edu/wp-content/uploads/2023/05/Senior-couple-reading-documents-and-calculating-bills.jpeg)
And what’s the outlook for Gen-Xers and Millennials? Late Boomers have low levels of wealth regardless of how it is defined – total wealth, retirement wealth, or 401(k)/IRA wealth. A decline in some wealth components had been expected as a result of the rise in Social Security’s Full Retirement Age, the shift from defined benefit…