Gen Why?

Adam Koos, a Certified Financial Planner (CFP) and president of Libertas Wealth Management, sees generational differences play out in his office every day. He falls into the Gen X age group, himself, and sees a big difference in where he started out and where Gen Y and later generations start out. Immediately following college, he had less than $20,000 in student debt, while he has successful Gen Y clients who have more than twice that amount. He calls the age group “Gen Why?” because “Why would we invest?” They’re young and too busy paying off college loans.

I’m glad I went to a state school.