While student loan debt is among one of the largest factors holding down the Millennial generation financially, in the not so distant future this is about to change. Analysts from J.P. Morgan and the Rockefeller Foundation's Global Impact Investing Network (GIIN) expect the sustainable and impact investing market to swell by $500 billion by the end of 2020. One of the reasons behind this is a massive impending transfer of wealth from one generation to another. Within the next few decades, Millennials and Generation Xers are set to inherit between $30-40 trillion dollars from the Baby Boomer generation. Quite possibly one of the largest generational transfers of wealth in all of history. We will take a look at the ways in which Millennials will shape the future of sustainable investments in the United States and how all investors can ride this wave of change.
Back on April 12, 2018, I gave an online presentation to the clients and readers of Wealth365 on how Millennial investors are shaping the future of investing practices through their increased interest in sustainable and responsible investments. Everything you've ever wanted to know about how to get started, you can find in the presentation from Wealth365.