The Millennials, according to many articles, are the largest generation (post Baby Boomer) and those adults of the millennial generation were long to leave the nest.
This long maturation may be due to the staggering student loan debt of the generation - $1.35 trillion of student debt, according to some data.
By the age of thirty, a Millennial is most likely to have held several jobs. They are also a generation of adults most interested in a balance of home, career and quality of life.
According to other sources – the ‘typical’ traits of the Millennial Generation:
Want to make a positive impact on the lives of others;
Desire to make a positive difference in society;
Want meaningful work, not just a paycheck;
Are not afraid to challenge the way things ‘have always been done’;
Are willing to share options and ideas;
Seek feedback and advice;
Live and breathe technology;
Are competent to research information with internet searches and probing questions;
Demand to know why, rather than just how;
Expect and thrive on recognition and feedback; and
Are a generation of social media and digital assets.
With the acquisition of property/assets, the Millennial Generation is poised to take a serious look at how they will pass on those assets as well as their ideals.
If you are a Millennial “Thirty Something” - Time to think of the issues of health care directives and making a will.
The coming year 2018 may be the time to contact a legal professional to seek advice and discuss a plan for ‘what could happen’.
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