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Welcome JUNO is New Zealand’s only premium investment publication. We cover all aspects of the investment landscape and provide our readers with relevant and up-to-date content. JUNO also features a lifestyle investment section covering topics such as art, wine, travel and vehicles. Our readers are investors, from the beginner in KiwiSaver to the sophisticated expert with a diversified portfolio. Our readers are people with money to invest and money to spend. Brenda Ward Editor JUNO offers... 1 Expert investing commentary and beautiful lifestyle content. 2 Access to a niche industry. 3 Easy-to-understand content with simplified investing concepts. 4 A wide reach from beginner investors to high-net-worth individuals. 5 A high-quality magazine with sophisticated design. 6 Distribution to investing clients, luxury hotels, airport lounges, supermarkets and book stores. 7 Tools readers need to create wealth. Media Kit 2019
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Phone 0800 00 58 43 www.southerncrosspartners.co.nz Brilliant things are happening in New Zealand’s primary export industries. Since 1992, MyFarm has made it possible for eligible kiwi investors to invest in carefully chosen, productive land-based assets they otherwise wouldn’t be able to access, or even know about. We seek investments that will generate cash returns greater than 7% per annum, with significant long term capital gain potential. As an investor, you don’t have to buy the whole vineyard in Marlborough, * Investment rate subject to change. Southern Cross Partners Ltd is a the kiwifruit orchard in Te Puke, or the apple orchard in Hawke’s Bay. licensed Peer to Peer lender under the Financial Markets Conduct Act 2013. But you can own a piece of their growing success. SCP0015 Kayak_225x148.indd 1 24/10/19 1:48 PM Find out more about joining the MyFarm family of investors. Ask for your copy of our Investment Guide at myfarm.co.nz or phone 0800 693 276. Offers from MyFarm Investments are open to investors who fall within the exclusions applicable to offers made to “wholesale investors” as set out in Schedule 1, clauses 3 (2)(a)-(c) and 3 (3)(a)-(b)(ii) of the Financial Markets Conducts Act 2013 (FMCA). Media Kit 2019
Past Issues YO U R L I F E S T YL E G ASTR O N O MY PERSONAL FINANCE Down Millennial Yonder Magic? Yonder, one of Queenstown’s newest eateries, offers much more Is it easier for millennials to start their than just good food, and is shaping own businesses than it was for previous up to be the hip hangout of choice. generations? And what are they like in the Jacqueline Taylor reviews. workforce? Claire Connell finds out the buzz on millennials in business. Experts say New Zealand’s startup scene has really When there are 3 million visitors to your art includes a graffiti wall, and hanging pot plants A selection of bigger dishes is on offer too. Eat YONDER come of age in recent years. Through business adorn the cosy booths and group tables. Your Greens, a dish of broccoli, spinach, and home town each year, where do Queenstown accelerators that provide entrepreneurs financial almonds was surprisingly one of my favourite 14 Church Street, support and encouragement, there’s a viable locals gather to share great food accompanied The kitchen, with its curved textured-glass panels, dishes – healthy, tasty, and generous. It was the Queenstown platform for Kiwis with bright ideas. by a bloody good pint, or perhaps enjoying a and the pastel tiles surrounding the modern beetroot latte? perfect accompaniment to all the dishes I tried. 03 409 0994 New Zealand’s startup scene fireplace add a sense of art deco to the space. And for something sweet, in the café’s cabinet yonderqt.co.nz Robbie Paul, chief executive of Ice Angels, says Yonder is turning on the charm and acting And beyond the bar, which exhibits 12 tap beers, millennials have more entrepreneurial spirit than as a community hub for locals and visitors, there’s an assortment of indulgent treats. Or another layer is exposed. Neon beams lead to a previous generations because there are more offering just about anything you could desire, perhaps settle for a winter cocktail to finish. large stage, backlit with multi-coloured lights that opportunities. from food to entertainment. are further enhanced by a mirrored wall. Endless entertainment The Kiwi culture of entrepreneurship, the investment community to back them, and the Layer upon layer Delicious and nutritious Yonder also has your entertainment covered. supportive environment, are all in their favour, When night draws in, this highly adaptable space Opened in September 2017, this joint is Inspired by good food tasted on travels abroad, Paul says. There’s also easier access to international is transformed, and Yonder proudly hosts a investor networks. completely evolutionary in its design. Yonder dishes are diverse with perhaps a heavier influence is many spaces in one, catering to a variety of variety of performances. from South East Asia. But the point-of-difference Graeme Muller, NZTech’s chief executive, says if communities, from yoga mums, to corporates, is the large focus on dietary requirements, and you walk around places like startup nurturing space Perhaps a Painting and Pinot class is of interest, après skiers, and rock ’n’ rollers. offerings include vegan and gluten-free dishes. Creative HQ or co-working spaces like Generator or or a performance from musician Graeme James, BizDojo, “by and large, they would be in their 20s or maybe a comedy act? One minute Yonder could be serving With health issues of his own, general manager and 30s, not 40s or 50s”. mountain bikers high-energy breakfasts, the Gary Livesey changed his diet to accommodate Whatever your fancy, Yonder’s in-house Founders under 30 only next, hosting entrepreneurial talks, and then, them. He wanted Yonder’s menus to respect the production team professionally pulls together Two years ago, First Cut Ventures was set up, powering-up a dance party. dietary requirements of people today, so he helped any kind of live performance. specifically to invest in the business ideas of design an array of healthy dishes with many founders aged under 30. When you follow the fairy lights through the dietary options. And if you’re a local, don’t delay in getting your courtyard, you step into a place that is as Robbie Paul says these young people are closer to ‘locals card’ to benefit from the many perks, eclectic as the crowds that pass through it. But health doesn’t mean tasteless, or dull. These innovation, they’re less risk-averse, and they’re including NZ$6 pints. more efficient with their capital. ever-evolving dishes are sophisticated, innovative, At first glance, Yonder appears to be a quirky colourful, and most importantly, delicious. A place to call home “If a 40-year-old starts a business and has two kids café housed in an 1885 cottage, with its and a mortgage in Auckland, then there’s a baseline pastel pink espresso machine and its framed On the brunch menu you can order a Tuna Poke Although Queenstown is not my home, I’m lucky they need to be paid. But if you look at the founders Bill Murray portrait above the fireplace. But Bowl, or a Vegan Scramble with organic tofu. enough to have the excuse to visit reasonably we’ve backed, they can live at home and spend a as you step behind these historic walls, the Or perhaps try the Classic Eggs Bennie or the often to see family members who live there. fraction of that. many layers the innovative Yonder team have Bacon Butty. “When you’re an early-age startup, burning capital crafted in this space are revealed. And if we’re looking for a groovy space to catch and not generating revenue yet, expenses can cost For dinner, you can start with substantial sharing up with great music and excellent food, I know you a lot,” he says. The main dining space is modern, with a plates, including charcoal Bao Buns, Pork Belly I’ll be recommending a wander to this hip little twist of eccentric style. An assortment of Bites, and Salt and Szechuan Squid. hangout, down Yonder. SUMMER 2018 | JUNO 31 88 JuNO / WINTER 2018 89 JuNO / WINTER 2018 YOUR I N V E S T I NG PE R S O N AL F I N AN C E YO U R I N V E S T I N G PERSONAL FINANCE harvested, so it’s a waiting game to see how this will affect the market. WHAT WAS HOT Payton says he’s focusing on the growth With every generation, a new investment within the craft beer sector, rather than what’s happening in the US. “Yes, the growth is slowing in the likes becomes popular. Brenda Ward looks at of the US. But I focus on the fact that it’s AND THEN NOT still growing. The other emerging markets eight of history’s most famous bubbles. [Europe, Asia] are growing, as their beer drinking habits shift towards craft beer.” Risks and research NZ Hops’ update of the 2017-18 summer season showed production was 721,959 kilograms, down 38,570 kilograms from the previous year. Chief executive Doug Donelan says it was a challenging growing season. Demanding 1790s 1930s 1980s 2000s conditions had a “significant impact on yields”. A very wet winter and spring brought planting delays. Summer brought a heat wave, which wasn’t much help, followed by February British Gold The Share Carbon cyclones bringing record rainfall and flooding. Canal Mania Hoarders Market Credits Risks for the industry include weather events like those, pests and diseases, fluctuating demand for craft beer, and possible oversupply. After the American War After the 1929 stock market The 1980s were the years The Emissions Trading Storms that devastated entire crops were an of Independence ended in crash, many investors started of investing in ‘blue-chip’ Scheme was set up in 2008 “extreme” event, but all part of the risks of 1783, investors felt rich and, redeeming dollar notes for companies like Brierley, farming, Payton says. so New Zealand could meet from 1790 until 1793, 20 gold. There were fears that Chase and Equiticorp, its commitments under “That’s why we encourage people to diversify new canal-building schemes the US might run out of gold, all giving investors great the Kyoto Protocol. Forest and have their funds across a number of On the world stage beer market, Payton says. The hop industry investments, not have all their eggs in one were authorised. Some of so the Fed raised rates. But returns. Kiwis joined share owners claimed carbon credits Brent McGlashen, a fifth-generation hop is also extremely expensive to get into, basket. the canals were profitable, then the US entered the Great clubs and borrowed to invest. for carbon stored by their because it’s so capital intensive, Payton says. farmer in Motueka, co-runs Mac Hops, the but many never returned a Depression and people hoarded Then, on 19 October 1987, trees. Prices reached $18 “I think the craft beer sector is here to stay biggest hop farm in the country. It was the first time there’s been an offering and will continue growing,” he says. penny. Others, such as the gold, driving prices up. Finally, the share market plunged. to $20 a tonne, then cheap He says New Zealand hops, despite making for hops in the investment market, but Grand Western Canal, were private ownership of gold Fisher & Paykel is the only international carbon credits hit Payton says MyFarm plans to do more hop Research and development are needed to up less than 1 per cent of the world’s hop 1630s 1840s 1970s 1990s never finished. was outlawed. New Zealand 1987 top-30 prices and many forests were understand changes and trends in the craft Top of production, are in high demand. offerings. company still listed. turned into dairy farms. beer market, so the industry can meet “We seem to be the flavour of the month,” Market tipping-point? demand for hop production. he says. Back in Motueka, McGlashen says over the “New Zealand is small and unique, and we have the Hops years, the demand for hops has been up Dutch Tulip British NZ Property The Dot-com Investment oversubscribed and down. hops that are not grown anywhere else in the world,” he says. “Brewers will seek this out, so On 30 July, MyFarm opened an investment Boom Bubble they stand out from other beers in the world.” Craze Railway Mania into a new hop garden being built by Tapawera Hop Garden Limited Partnership. About a decade ago, he says 40,000 hectares of crops were pulled out around the world The rise of craft beer is putting hops The offer was oversubscribed when it closed due to a lack of demand. Craft beer didn’t exist, and hop farmers could barely even The Dutch Tulip Craze is The buzz word in New Investors speculating on into the spotlight. Claire Connell on 31 August. By the 1840s, the industrial afford a new tractor, he says. believed to be the first revolution created wealth, Zealand in the 1970s tech start-ups, from 1997 to investigates the crop’s new popularity The project aimed to start planting a The Hop Industry at a Glance The last three or four years have been more recorded bubble. The tulip and new train tracks was property. High 2001, caused the dot-com and finds that it’s bringing investment 116-hectare hop garden this spring, and is consistent, McGlashen says, and NZ Hops • NZ Hops, a cooperative of 26 growers, is the was new to Holland, and at inflation, an immigration bubble. Many internet-based predicted to generate an average annual biggest player became a speculative opportunities. went from having about 20 customers to cash return of 15 per cent a year by 2023, • There are other companies too: Hop Revolution the craze’s height, single frenzy. As railway shares boom, and a shortage companies, ‘dot-coms’, were several hundred. MyFarm’s head of sales Grant Payton says. and Freestyle Farms bulbs were selling for more went up, more money was of builders and building launched and became share- • Most hop gardens are based around Nelson, But the hop market is currently at a tipping than 10 times the average poured in, until the industry materials pushed up market darlings. The bubble New hop exporter Hop Revolution Ltd will point, McGlashen says. where the climate is favourable wage. When the prices house prices in value by burst in 2000-02 and many Craft beer is taking a growing chunk of manage the garden and sell the hops. • Export is 80 per cent international, 20 per cent local collapsed. A third of the the beer market, and that’s creating an The US and emerging markets • Crop research and development happens at the collapsed in 1637, many lines were never built, some 53 per cent. Then the oil of those start-ups failed. Payton says MyFarm raised NZ$18.5 million unexpected agricultural bonus. Plant & Food Research centre near Nelson investors were ruined and companies turned out to be crisis hit, immigration Amazon.com and eBay from 52 investors for the venture. The American hop producers have spent the • We have 600 canopy hectares of hops the Dutch economy was scams, and many families slowed, and house were two of few that The hop plant that’s used as a major minimum buy-in was NZ$100,000. last four or five years planting more than • There are 20 commercial varieties grown in badly affected. prices fell 40 per cent. recovered. ingredient to create beer is in demand, 2,000 hectares a year of hops, McGlashen New Zealand. Top: Hop production well under way in the top of the South. lost everything. both in New Zealand, where there are There was high interest in the offering as says, more than three times the total New Photos: NZ Hops 200 brewers – and worldwide. investors recognised the growth of the craft Zealand amount. This is currently being Above and left: New Zealand hops are in demand worldwide. 56 JUNO | SUMMER 2018 SUMMER 2018 | JUNO 57 24 JuNO / SUMMER 2017 SUMMER 2017 / JuNO 25 YO U R I N V E S T I N G PERSONAL FINANCE YO U R I N V E S T I N G Essential Products of Hawke’s Bay “Just don’t tell too many people what a hell of a good place Hawke’s Bay is...” Enjoy sampling from the east coast of the North Island. Napier Mayor Bill Dalton Invest for Your Age 1 3 2 There are some simple strategies to help build wealth at every age. 4 Martin Hawes explains how to manage your money now, to help you get in a good place, financially. SILENT GENERATION BABY BOOMERS Hawke’s Bay Aged 73-100+ Aged 54-72 Essentials • You’re probably in retirement and trying to • You may already be in retirement, or perhaps it make the most of the money you have. You may looms but, in any event, life is going to be different. 1. Brave Brewing Co be considering downsizing the house to free up Retirement, with all its change, dominates Baby Bottle Rocket Extra capital, or moving to a retirement village. Some of Boomers’ thoughts and conversations. Pale Ale, 500ml, $8.99, 6 you may be in a rest home. bravebrewing.co.nz • You can expect to spend at least a couple of decades • You might want to invest your money in retirement, so prepare for this time frame. 2. Telegraph Hill Traditional conservatively because your time is getting shorter Olives, 300g, $8.69, 10 • If retirement is still some way off for you, these and income is a priority. Having said that, the telegraphhill.co.nz are the gravy years. If the mortgage and the kids 5 average life expectancy for people at the age of are gone, with lower costs, you can really start to 3. Te Mata Figs, price 75 is nearly 15 years. In other words, if you’ve got squirrel away some money. variable, tematafigs.co.nz through to age 75, the chances are you’re going to live pretty close to 90. It’s certainly not time to give • Many people over 65 will keep working, but that 4. St Andrews Limes Saffron up on life and living yet! work will probably be for fewer hours and could Lime Dressing, 300ml, be different in nature to what you did earlier $9.95, limes.co.nz • Your income needs may have declined or, perhaps, in your life. they’re starting to. They’ll likely become less than 5. The Apple Press Jazz when you first started retirement. • Only a few of you can look forward to their ‘20 juice, 350ml, $3.29, good summers’ in complete comfort. For most of theapplepress.co.nz • Having access to your money is critical in these 7 you, there’ll be a lower income and less spending. 9 years. The chances of needing surgery or some kind 6. Chocolatier Mirams of care will place demands on your money. Aim for • Retirement requires planning and adjustment. Caramelised White only a little of your capital in shares and property; Rethink how you’ve been managing your finances Chocolate Tablet, $15.50, consider putting most of it in fixed interest and and change the way you invest. It’s a good time to chocolatiermirams.co.nz cash (term deposits). ask a financial adviser to do a plan for you. 7. Bay Espresso Cafe • From 1 July, over 65s can now use a KiwiSaver • In general, most people will start to lower risk Blend Fair Trade, Organic account for savings, often for lesser fees than in their portfolios a little as they approach this Arabica Coffee, 250g, $12, you’d pay in other managed funds. If you do use change in life. However, this is a phase in life that bayespresso.co.nz KiwiSaver for your savings, a conservative fund is may still last a long time. During those years, the 8. Zeffer Cherry Infused probably best. economy could throw anything at you – recession, Cider, 1l, $12.99, zeffer.co.nz depression, high inflation, deflation. 9. Origin Earth cheese • It’s great to spread your investments across all products, from $8.50 per asset classes: shares, property, fixed interest and 8 100g, originearth.co.nz cash. Your investment mix will be critical for a good retirement – few people will want more than 10. Arataki Manuka Honey 50 per cent shares and property in their portfolios, UMF 15+, 500g, $79.60, and this mix will change as you get older. aratakihoneyhb.co.nz 90 JUNO | AUTUMN 2019 Photo: Craggy Range AUTUMN 2019 | JUNO 91 28 JUNO | WINTER 2019 WINTER 2019 | JUNO 29 YO U R I N V E S T I N G PERSONAL FINANCE LIFESTYLE This article was first published in BoardRoom magazine The Sky is Not the Limit The Rocket Lab founder Peter Beck says a successful board of directors should push a CEO to think big. He asks why people would aim for Portofino Performs a million-dollar business when they could build a billion-dollar one. Kate Geenty investigates. Ferrari’s new Portofino redefines the convertible experience with jaw-dropping acceleration and head-turning style, writes Rocket Lab founder Peter Beck remembers “The definition of success seems to be Brenda Ward. the reaction he got when he told people he ‘We’re selling in Australia now’. That’s the wanted to build a billion-dollar company definition of failure. and build rockets. “We’re only selling in Australia now, why The little boy peered round his Dad, eyes like On the twisting route through Waiwera to “I got scepticism about the rockets bit. It’s aren’t we selling in the UK and Europe, and saucers. He couldn’t tear his eyes away from the red Warkworth, north of Auckland, the acceleration is fair enough that that can sound absurd, but actually, take it a step further and why supercar that was burbling along behind them as astonishing. In auto, it’s more mannered, but always it shouldn’t sound absurd that you want to aren’t we the most dominant in that they walked on the country lane. pulls enough revs to sing through the corners. build a billion-dollar company,” he says. particular industry in the entire world? There’s no doubt about it, driving the Ferrari There are some clever features. If your passenger Left: Peter Beck says boards can “That should just be seen as standard. But “As a board, those are the questions that Portofino is going to get you noticed. would like to know your speed and the camber of the really shape the future of Kiwi in New Zealand, it’s not standard. really should be asked of senior leadership… businesses. corner as you wind through it (and who wouldn’t?), Even if it didn’t have shiny scarlet paintwork, the there’s a passenger read-out. I won’t go on the board of any company “If you’re standing out there saying you Top: The Electron rocket is launched throaty roar of its 3.9-litre V8 turbo motor arrived unless they show me a roadmap towards on the Mahia Peninsula. It also shows the music you’re playing off your phone. want to build a billion-dollar company, then before it did, soon letting you know it’s there. I defy a billion-dollar company.” you’re kind of weird.” anyone not to look around. At last I spot a passing lane and three slow cars No one could accuse Beck of thinking small. struggling up the hill. I switch lanes and a tap on the Beck may have once seemed weird, but Get used to it. That kind of attention is part of the now the Invercargill-born engineer has Rocket Lab is able to put a satellite in space “For me, it wasn’t about the money, it was either come home with a cheque or be run Beck says the US is a country where you can deal when you drive this NZ$375,000 2+2 sportscar. throttle later sees the car just a blur as it accelerates turned his childhood dreams of conquering using roughly the same amount of fuel as it about who can grow our business the best. out of town.” go and do anything. from 50km/h to 100 in seconds. The Portofino replaces the California and ushers space into a commercially viable, multinational rocket company, he’s being takes a jetliner to fly between Los Angeles and San Francisco, and for a fraction of the “My biggest goal From a board perspective, who can we have on the board to make sure that the Beck’s first week in Silicon Valley was spent visiting successful startups. He says being a “But if we want to compare the cleverest ideas, then New Zealand punches above in a new era of convertibles. With the roof on, it’s It’s been clocked accelerating from 0-100km/h in 3.5 seconds, but the joy of the Portofino is that a sleek coupé-convertiblewith curves and class. taken seriously. His number one message to businesses and cost of traditional launches. After completing two successful launches is that all board business succeeds?” He says Kiwis hoping to follow in Beck’s New Zealander helped. its weight. We’re just not always great at commercialising them.” With the press of a button, the top drops into the boot cavity, leaving you carefree and with your hair you don’t need to speed to its maximum speed of 320km/h. Its controlled acceleration is like hitting a “People tended to bend over backwards, boards is to think big and go big. of the Electron rocket from the company’s pad in Mahia Peninsula in May 2017 and members go and sit footsteps need to take a strategic view of what they’re trying to achieve and then because they think you’ve travelled a very, He believes boards can help turn that blowing in the breeze. switch, fun to play with, without the fear of tickets. Even on this poorly maintained road, there’s hardly “I think this is one of the things where very long way to get there.” around, and create world-leading businesses. Leaving the Continental Cars Ferrari’s Auckland New Zealand lets itself down, both from January 2018, Beck says flights are now fully commercial. in the bath, or stand work out the best people to help them achieve that. Beck left town with a signed investment “My biggest goal is that all board members showroom, I immediately find myself having to any vibration and the car stays rock solid on the road. a company perspective, but also in the merge in dense traffic. Fellow drivers courteously Reluctantly, I return it and walk around the vehicle, boardroom. The company has a backlog of customers, including NASA, commercial satellite in the shower, and “Get on a plane and get over to Silicon Valley or New York, or the UK, wherever agreement with Khosla Ventures. Rocket Lab is now headquartered in the US, go and sit in the bath, or stand in the shower, and reflect on why they aren’t asking the big make space for me. checking out the level of luxury I’ve enjoyed. The seats are finely tailored leather and although they’re “Where are the board members who are pushing the chief executives to think much providers looking to collect weather or maritime data, internet providers, and reflect on why they makes the most sense for you, go and get on the ground,” he says. but maintains a subsidiary and launch pad in New Zealand. questions. “As board members, are we just sitting here Idling while waiting for the motorway on-ramp lights isn’t even a chore. The revs drop but the car low, it’s easy to slip into the driver’s seat, with wide doors that don’t get in the way. bigger? In New Zealand, we get to a certain size and then it just sort of stops. It just companies that provide GPS or earth- imaging services to space. aren’t asking the big That’s exactly what Beck did back in 2013. Attitude and vision to be comfortable and worried about the P&L (profit and loss) this month? Or are we behaves impeccably. I ease the car along Auckland’s northern motorway, Boot space is more generous than you’d expect – blows my mind.” Merely looking to dominate the local Don’t follow the money questions.” “I decided we were going to do the Electron programme, woke up one Beck says in the US, it’s okay to fail. In fact, it’s almost expected that a successful chief actually... really talking strategy and really setting a vision for the founders or senior building up to road speed. Using the paddles, the car switches effortlessly through the seven gears, there’s room for a couple of bags, even with the roof stowed, after slipping across a divider. market, or to cross the Tasman, doesn’t cut Despite Beck’s billion-dollar ambitions, he’s morning, jumped on a plane and went executive will have at least one failure under managers about how we can truly be the always responsive to the lightest blip of the throttle. But let’s not talk practicalities. If you wanted to take a it for Beck. focused on people, not money, to get there. to America. I gave myself three weeks to their belt. biggest and the best at this in the world?” So much horsepower, so under control. load, you’d use your other car. Right? 38 JUNO | SUMMER 2018 SUMMER 2018 | JUNO 39 96 JUNO | AUTUMN 2019 AUTUMN 2019 | JUNO 97 Media Kit 2019
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JUNO Reader Profiles JUNO readers are: 65% 71% 90% 35% male of readers have household of readers plan to travel income over $100,000. overseas on holiday each year. 28% 92% female 18% aged 18-34 plan to buy an investment property. of readers own their own home. 44% aged 35-54 42% 38% 38% of readers class their occupations will buy a new car this year. as business managers, owners or entrepreneurs. aged 55+ The Explorer The Entrepreneur The Baby Boomers AGE 25-32 AGE 32-49 AGE 54-73 Males & females, educated, Males & females, entrepreneurial, Males & female, nonconformists and hard optimistic, in search of an individualistic, conservative with the workers, big spenders and poor savers. authentic life money they’ve made In search of a good life The Explorer craves adventures and The Entrepreneurs struggled to find jobs This is a generation that broke with tradition in discoveries, preferring to spend money on after college, leading them to venture almost every part of life, and is likely to enter their desires to visit every continent and travel out on their own. They have ‘money retirement with a powerful voice and a need for abroad over buying homes and cars. This is to burn’, with the highest personal net recognition. Baby Boomers have discretionary a generation that is burdened financially by worth, but they are also conservative income and what they spent on essentials, like student loans or enjoying the freedom that with their money and save more than food and housing, can now include luxuries, like comes with paying them off. they spend. a larger wardrobe and recreation. Media Kit 2019
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