Steve Andrews: True or false? Five millennial myths busted

Entitled, squeezed or both?

Myths about millennials

Myths about millennials

Steve Andrews, head of managed services at adviser software provider Focus Solutions, considers the much-misunderstood millennial generation's need for financial advice - digging underneath the headlines to gauge whether five common assumptions are fact or fiction.

Millennials somehow pull off the feat of simultaneously being seen as the most entitled and yet the most financially squeezed generation ever. Nevertheless, they are set to receive an inheritance boom bigger than any other post-war generation. Millennials will one day become the richest generation, and they will need stringent advice on what to do with their wealth - not to mention how to keep afloat until they reach that point. So who or what is a millennial? Are they really all bearded hipsters who drink lattes from avocados and the reason we are no longer served food on regular pla...

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