Financial illiteracy is on the rise with the next generation of clients. Only 36% of Generation Z consider themselves financially literate compared to 48% of Millennials and 59% of Baby Boomers*. Fortunately, there are resources and programs available for these younger generations to improve their net worth and avoid the pitfalls that come from a lack of financial education and guidance. Host Kirsten Schlumbohm, Vice President of Annuity Sales at C2P, is joined by Joe'Mar Hooper, CEO of 3rd Decade, to discuss 3rd Decade's mission of providing financial education and mentoring to young adults aged 18-35. Listen to learn the power of mentorship and how financial professionals can help prepare the next generation to confidently manage and understand their finances.

Sources:

*https://www.zippia.com/advice/financial-literacy-statistics/#:~:text=Only%2057%25%20of%20American%20adults,of%20Americans%20are%20financially%20anxious.

Resources:

• https://3rddecade.org/