Tag: millennials

cropped cruise caption_2

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

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…