Millennials, Don't Worry. You'll Be Able to Retire.

The video discusses the financial challenges millennials face, such as high rents and stagnant wages, and McKinsey's prediction that they will need to work longer or save more for retirement. It highlights the limited growth expected in US and Western European investments and suggests that millennials have more global investment opportunities than their parents did. The video emphasizes the potential of emerging markets, which offer higher yields compared to US markets, and encourages millennials to adopt a global investment approach for better financial outcomes.

What key strategy is suggested for millennials to improve their retirement prospects?

• Save money in a savings account

• Rely on government pensions

• Invest only in U.S. stocks

• Adopt a global investment approach

According to McKinsey, how does the predicted growth of U.S. stocks compare to the past 30 years?

• It will double

• It will remain the same

• It will grow at half the rate

• It will decline significantly

What advantage do millennials have over their parents in terms of investment options?

• More government support

• Higher interest rates on savings

• Access to global markets

• Access to only U.S. markets

What is the yield on emerging market bonds compared to U.S. aggregate bonds?

• 9.4%

• 5.4%

• 7.5%

• 2.1%

How did the yield on U.S. stocks change from 2007 to early 2009?

• It tripled

• It almost doubled

• It remained stable

• It decreased