{"id":19743,"date":"2017-12-07T01:00:42","date_gmt":"2017-12-06T14:00:42","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=19743"},"modified":"2017-12-07T01:00:42","modified_gmt":"2017-12-06T14:00:42","slug":"baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\/","title":{"rendered":"Baby boomers are enjoying life \u2013 but what\u2019s in store for millennial investors? – Andrew Mirams"},"content":{"rendered":"

A cohort of baby boomers are now well into\u00a0retirement<\/a>\u00a0\u2013 after a lifetime of work and paying off the mortgages on their homes.
\nSure, property prices have ballooned over their lifetimes, but baby boomers also weren\u2019t overly good at investing in anything other than their homes \u2013 and perhaps the share market from time to time.
\nTheir mantra \u2013 no doubt passed down from their parents who lived through the Great Depression \u2013 was that debt is bad and therefore must be eliminated.
\nBaby boomers also didn\u2019t have enough work years up their sleeves for superannuation to do its job.
\nAnd that means that\u00a0baby boomers\u2019 average retirement savings<\/a>\u00a0may not be enough.
\nIn fact, about 50 per cent of Australian baby boomers are concerned they will run out of money before they die, with many still having to pay off mortgages when they\u2019re retired.
\nThe majority of baby boomers in retirement today rely on the aged pension to financially survive.
\nBut it\u2019s not all doom and gloom of course with baby boomers generally having a significant asset in their home.
\nThe question is, with high property prices, what about millennial investors? What\u2019s in store for them?<\/p>\n","protected":false},"excerpt":{"rendered":"

A cohort of baby boomers are now well into\u00a0retirement\u00a0\u2013 after a lifetime of work and paying off the mortgages on their homes. Sure, property prices have ballooned over their lifetimes, but baby boomers also weren\u2019t overly good at investing in anything other than their homes…<\/p>\n","protected":false},"author":176692471,"featured_media":19744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,13],"tags":[70],"class_list":["post-19743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-andrew-mirams","category-latest-story","tag-featured"],"yoast_head":"\nBaby boomers are enjoying life \u2013 but what\u2019s in store for millennial investors? - Andrew Mirams - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baby boomers are enjoying life \u2013 but what\u2019s in store for millennial investors? - Andrew Mirams - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"A cohort of baby boomers are now well into\u00a0retirement\u00a0\u2013 after a lifetime of work and paying off the mortgages on their homes. Sure, property prices have ballooned over their lifetimes, but baby boomers also weren\u2019t overly good at investing in anything other than their homes...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-06T14:00:42+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"Baby boomers are enjoying life \u2013 but what\u2019s in store for millennial investors? – Andrew Mirams\",\"datePublished\":\"2017-12-06T14:00:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/\"},\"wordCount\":214,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Featured\"],\"articleSection\":[\"Andrew Mirams\",\"Latest Stories\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/\",\"name\":\"Baby boomers are enjoying life \u2013 but what\u2019s in store for millennial investors? - Andrew Mirams - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-12-06T14:00:42+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/baby-boomers-are-enjoying-life-but-whats-in-store-for-millennial-investors\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Baby boomers are enjoying life \u2013 but what\u2019s in store for millennial investors? – Andrew Mirams\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. 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