Millennials are paying the price of a crisis not of their making

Millennials are paying the price of a crisis not of their making

Research has revealed that pay for workers in their 30s is still 7% below the level at which it peaked before the 2008 banking crisis.

The report uses some sharp language saying that the crisis has had a “scarring” effect on their earnings.

While it’s hard to argue against the facts, it’s no reason for people in their 30s to be too glum. A sensible and holistic approach to financial planning, reflecting a person’s financial goals and ‘life’ priorities leading to a resilient plan, reviewed regularly, to deliver the desired outcomes.

Fryer Glass is a specialist adviser to people in their 30s. Call Mark Fryer at Fryer Glass on 01276 301103 or email [email protected]

https://www.bbc.co.uk/news/business-47106711

 

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