Why millennials are behind

Millennials eschew ‘traditional’ advisors

Top 5 tips to jumpstart retirement savings

Advice from social media only, risky

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

Thanks to the current environment, millennial and Gen-Z investors - projected to inherit US$48 trillion of wealth over the next 25 years, are facing the daunting challenge of securing their own retirements. So what can this generation do and how would understanding their behaviour make institutions better able to cater to their needs?

For more insights, correspondent Howie Lim speaks to Carol Fong, Group CEO of CGS-CIMB Securities.

Highlights of the conversation: 

01:12 Why millennials are behind other generations in retirement savings

04:17 Why millennials eschew ‘traditional’ advisors

06:30 Top 5 tips for millennials to jumpstart their retirement savings

09:45 Why just relying on advice from social media is risky

Produced by: Howie Lim (howielim@sph.com.sg) and Christopher Lim

Edited by: Howie Lim

Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:

Channel: https://bt.sg/btmoneyhacks
Apple Podcasts: http://bt.sg/oeXe  
Spotify: http://bt.sg/oeGN  
Google podcasts: http://bt.sg/oeGP  
Website: https://bt.sg/moneyhacks

Feedback to: podcast@sph.com.sg

Do note: All analyses, opinions, recommendations and other information in this podcast are for your general information only. You should not rely on them in making any decision. Please consult a fully qualified financial adviser or professional expert for independent advice and verification. To the fullest extent permitted by law, SPH Media shall not be liable for any loss arising from the use of or reliance on any analyses, opinions, recommendations and other information in this podcast. SPH Media accepts no responsibility or liability whatsoever that may result or arise from the products, services or information of any third parties. 

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BT Mark To Market Podcast at: http://bt.sg/btmark2mkt  

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For more on personal finance, go to: bt.sg/moneyplaybook

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.
Thanks to the current environment, millennial and Gen-Z investors - projected to inherit US$48 trillion of wealth over the next 25 years, are facing the daunting challenge of securing their own retirements. So what can this generation do and how would understanding their behaviour make institutions better able to cater to their needs?
For more insights, correspondent Howie Lim speaks to Carol Fong, Group CEO of CGS-CIMB Securities.
Highlights of the conversation:&nbsp;
01:12 Why millennials are behind other generations in retirement savings
04:17 Why millennials eschew &lsquo;traditional&rsquo; advisors
06:30 Top 5 tips for millennials to jumpstart their retirement savings
09:45 Why just relying on advice from social media is risky
Produced by: Howie Lim (<a href="mailto:howielim@sph.com.sg">howielim@sph.com.sg</a>) and Christopher Lim
Edited by: Howie Lim
Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on:
Channel: <a href="https://bt.sg/btmoneyhacks">https://bt.sg/btmoneyhacks</a> Apple Podcasts: <a href="http://bt.sg/oeXe">http://bt.sg/oeXe</a>&nbsp; Spotify: <a href="http://bt.sg/oeGN">http://bt.sg/oeGN</a>&nbsp; Google podcasts: <a href="http://bt.sg/oeGP">http://bt.sg/oeGP</a>&nbsp; Website: <a href="https://bt.sg/moneyhacks">https://bt.sg/moneyhacks</a>
Feedback to:<a href="http://podcast@sph.com.sg"> podcast@sph.com.sg</a>
Do note: All analyses, opinions, recommendations and other information in this podcast are for your general information only. You should not rely on them in making any decision. Please consult a fully qualified financial adviser or professional expert for independent advice and verification. To the fullest extent permitted by law, SPH Media shall not be liable for any loss arising from the use of or reliance on any analyses, opinions, recommendations and other information in this podcast. SPH Media accepts no responsibility or liability whatsoever that may result or arise from the products, services or information of any third parties.&nbsp;
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Discover more BT podcast series:
BT Mark To Market Podcast at: <a href="http://bt.sg/btmark2mkt">http://bt.sg/btmark2mkt</a>&nbsp; 
WealthBT at: <a href="http://bt.sg/btwealthbt">http://bt.sg/btwealthbt</a>
PropertyBT at: <a href="http://bt.sg/btpropertybt">https://bt.sg/btpropertybt </a>
BT Podcasts at: <a href="https://bt.sg/pcOM">https://bt.sg/pcOM</a>&nbsp;&nbsp;
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For more on personal finance, go to:<a href="http://bt.sg/moneyplaybook"> bt.sg/moneyplaybook</a>

Join Howie every Monday for useful personal financial tips from various experts.

Every Monday, The Business Times breaks down useful personal financial tips with expert guests. Hosted by Howie Lim.

Produced by BT Podcasts, The Business Times, SPH Media.

Every Monday, The Business Times breaks down useful personal financial tips with expert guests. Hosted by Howie Lim.
Produced by BT Podcasts, The Business Times, SPH Media.

BT Money Hacks

Every Monday. The Business Times breaks down useful personal financial tips with expert guests.

Podcaster: Howie Lim

Produced by BT Podcasts, The Business Times, SPH Media.

Every Monday. The Business Times breaks down useful personal financial tips with expert guests.
Podcaster: Howie Lim
Produced by BT Podcasts, The Business Times, SPH Media.