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THE findings from RaboDirect have revealed one in five Boomers still have a significant amount to pay on their mortgage, while nearly 25% did not save last year or do not have any savings. Rabo Direct general manager Greg McAweeney said the generation tends to have a dour outlook on the economy, matched by their own financial situation. In many cases, Boomers' view of the Australian economy matches their own financial situation, and that is pretty grim," he commented. Nearly 50% said they were financially worse off than last year. Source: MPA Magazine : website - http://www.brokernews.com.au/e-magazines/mpa/ |
HM Comment Here at HM we build strategies with you (our valued client) and work hard to ensure they are being achieved. We report results on a monthly and annual basis ensuring desired outcomes are met and mortgages are paid out well before retirement and confidence in your financial future is without question. However, what of your friends, family, relatives, neighbours and work colleagues, are they in the 20% that are looking at retiring with a mortgage, are they one of the baby boomers who is pessimistic about their economic prospects in the coming year or are they one of the 50% financially worse off than last year? Do them a great favour, print this article show it to them (or pin it up at work) then tell them where they can get help if they are in need, here at HM, I'm sure they (and us) will be forever grateful. |
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