After failing to raise Hawaiʻi’s minimum wage last year, State lawmakers are trying again with a reworked bill. Critics say it still falls far short of a so-called living wage in these expensive Islands.
Millennials – those born between 1980 and the early 2000s – are on average making less money than Baby Boomers, and their net wealth is about half of Boomers when they were at the same age. However, Millennials are saving more for retirement. INSIGHTS examines this phenomenon.
Financial experts predict we’ll see the largest transfer of wealth in history take place over the next three decades. An estimated $16 trillion will be passed on to philanthropic organizations.