Montgomery Investment Management’s Post

Could Gen X please stand up? According to a recent AFR article, Gen X had babies later, started their careers later and purchased homes later than the generations before. We’re also living longer and have less in super than we need for retirement, while we have swallowed hook, line and sinker, the narrative that funding retirement is entirely our responsibility – something generations prior did not have to worry about when the pension covered at least some of the costs of a less expensive and shorter retirement. With only seven per cent of Gen Xers estimated to have taken financial advice and the retirement age fast approaching, what’s the solution? Earning more from your investments, without more stock market volatility, is one reality that is inescapable, and in the absence of convoluted financial innovations, I think Private Credit may increasingly meet that need.  Find out more about what the AFR report found out about GenX and how the Private Credit Funds offered by Montgomery and Aura, might be able to help. Read the full article: https://bit.ly/3M5xSc8 For more information on our private credit funds: https://lnkd.in/gkD-_Tvs   #montgomeryprivatecredit #monvinvest #privatecredit #investing