Dads and Daughters Can Profit From Each Other on Father's Day
It's never too early to start wearing sunglasses.
(NewsUSA)
- Sponsored News - She's not just "daddy's little girl" anymore. And this Father's Day, it turns out that both millennial daughters and their Boomer dads could profit by sharing financial advice with each other.
Many of those dads, according to Fidelity Investments' Retirement Savings Assessment, could pass on a thing or two about what to do with a windfall (20 percent of boomer males, compared to just 8 percent of millennial women, would invest it in a diversified portfolio to grow their money). Those same daughters, on the other hand, are savvier when it comes to things like using online budgeting aids (67 percent vs. 38 percent).
