Advisors should be prepared to show examples of compounding with small investment amounts and be ready to explain why risk-averse Gen X investors will need to embrace equities to reach their long-term savings goals. Read the full article from CNBC.
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A Merrill Lynch study has found that most Gen Xers drastically underestimate the power of compounding investing returns, which illustrates that the generation needs help from investment advisors. So reports CNBC.
Advisors should be prepared to show examples of compounding with small investment amounts and be ready to explain why risk-averse Gen X investors will need to embrace equities to reach their long-term savings goals. Read the full article from CNBC.