Our goal for the future of financial services

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GEN X & Y: MAKING GOOD MONEY, WORKING HARDER THAN EVER TO PAY FOR MORTGAGES, CARS, KIDS…

Transcript of Our goal for the future of financial services

Page 1: Our goal for the future of financial services

GEN X & Y: MAKING GOOD MONEY,

WORKING HARDER THAN EVER TO PAY FOR MORTGAGES, CARS, KIDS…

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BUT ARE WE REALLY

GETTING ANYWHERE?

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IN THE 3 YEARS T0 2015...

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THE TOP 20% OF AUSTRALIANS’ HOUSEHOLD NET WEALTH

GREW BY OVER 8%*

* Source: McCrindle Research, ABS Statistics 2015, Third quintile household net wealth growth

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THE MIDDLE 20% OF AUSTRALIANS?

LESS THAN 1%*

* Source: McCrindle Research, ABS Statistics 2015, Third quintile household net wealth growth

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THE TOP 20% ARE NOW WORTH OVER 7O TIMES THE BOTTOM 20%...

THE BIGGEST GAP ON RECORD

* Source: McCrindle Research, ABS Statistics 2015

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OVER THE SAME PERIOD, RETIREES

GREW THEIR WEALTH BY 14.2%

3

* Source: McCrindle Research, ABS Statistics 2015

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HOW DID GEN X&Y WEALTH FARE?

JUST 2.8% GROWTH

3

* Source: McCrindle Research, ABS Statistics 2015

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THE TRUTH IS, EVERYDAY GEN X & Y AUSTRALIANS ARE

FALLING FURTHER BEHIND

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BUT EVERYTHING’S ABOUT TO CHANGE.

OVER THE NEXT 15 YEARS, GEN X & Y WILL

INHERIT $3 TRILLION*

* Source: Telstra Digital Investor

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PROBLEM SOLVED, RIGHT?

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LESS THAN HALF OF GEN X & Y ARE

CONFIDENT MANAGING MONEY

* Source: Telstra Digital Investor

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AND HISTORY SHOWS THAT

70% WILL LIKELY LOSE IT ALL

* Source: Williams Group, 2014

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THAT WOULD BE

$2.1 TRILLION LOST

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WITHOUT HELP, WE ARE FACING AN

ECONOMIC TSUNAMI OF CATASTROPHIC PROPORTIONS

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THAT’S WHY WE’VE COMMITTED TO INSPIRING & ENABLING AUSTRALIANS TO

MAKE THE PENSION IRRELEVANT

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WE’VE ALREADY REACHED 2 MILLION AUSTRALIANS THROUGH THE INVESTMENT SERIES

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OUR GOAL?

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1,000,000 AUSTRALIANS IN OUR POSSIBILITIES LEARNING PROGRAM

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WANT TO JOIN US? email us at [email protected]