When it comes to the personal touch in retirement planning, many rich millennials say fuggeddaboudit — they'd rather go robo.
That's the word from Global Wealth Monitor, a study of high-net-worth millennials from Phoenix Marketing International, which also found the same isn't true of baby boomers.
While a third of wealthy millennials — those with at least $100,000 in investable assets — take to online planning for retirement, only a fifth of boomers do. Interestingly, while 31 percent of HNWIs between the ages of 45–54 use online financial advice tools, only 23 percent of those between the ages of 35–44 do.
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