Generational Differences in Financial Views

A recent study by Empower found stark differences in what Gen Z and Boomers consider financial success. Gen Z believes success is an annual salary of $587,797 while Boomers think it's $99,874. The study also highlighted barriers to financial success including economy, income instability, lack of financial knowledge, and procrastination.

Diversity and Financial Success in Companies

A pair of economists found no statistically significant correlation between the racial and ethnic diversity of a company's executive team and its financial success, challenging the idea that diversity leads to higher profits. This challenges the push for diversity, equity, and inclusion (DEI) programs in companies.