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By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors

Bank Innovation

Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Currently, millennials’ combined financial assets come up to $4.5 Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. trillion in wealth.

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Mobile Game Shows Offer Brands Prized Millennial Viewers

PYMNTS

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

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How To Win The Next Generation Of Investors

CB Insights

By 2030, millennials will hold 5x as much wealth as they do today — a result of the great “wealth transfer” that is already underway. In this report we dive into how insurgent fintech startups have successfully acquired millennial investors, where there are opportunities, and how incumbents can strike back.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. They make up close to 25% of the total US population and are by far the wealthiest generation — and will continue to be so until at least 2030, according to a 2015 Deloitte study. . get the REPORT on next generation investors. Source: Deloitte.

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Rebirth Of Malls: Anchor Stores To Become Destinations For Experiences

PYMNTS

The Millennials. Millennials have less money to spend on a new suit or dress at stores like Macy’s or Nordstrom as their parents live longer and may exhaust their savings. As a result, millennial children might inherit less wealth and face healthcare expenses for their parents. Or you can go see what they have.

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Seniors Help Drive Progress In The Digital Economy

PYMNTS

Younger consumers — millennials, Generation Z — seem to get all the focus when it comes to eCommerce and digital payments these days. By 2030, the Census estimates there will be 78 million Americans over the age of 65. Such a consumer segment is not insignificant. About 50 million Americans are over the age of 65, according the U.S.

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Cherry Home CEO: The Future Of Smart Homes And Independent Senior Living

PYMNTS

When talking about advances in home automation and artificial intelligence (AI)-guided systems for consumers, the conversation has a natural tendency to drift toward younger consumers, particularly millennials. By 2030, the Census estimates there will be 78 million Americans over the age of 65. that first drew Cherry to the segment.