What Does the “Great Realization” Mean for You?

The last two years have presented a lot of upheaval to many people around the US and the world, leading to a number of phenomena. One such example is the Great Resignation, in which millions of people are rethinking what they want out of their work.

Relatedly, some researchers are pointing toward the “Great Realization” as an awakening for those who want to think more carefully about how they plan their life. Many people in younger generations are planning big shifts in their life in the next two years, according to one study, highlighting the importance of having the right financial professionals and plan in place.

For those younger people, short-term goals often feel less important than long-term things such as planning for retirement. One Northwestern Mutual study found that one in four millennials, for example, focus only on their long-term goals when approaching the planning process.