It’s no secret that LGBTQ+ people face a range of financial challenges that heterosexual people simply don’t need to contend with. Less discussed are the effects of financial discrimination on building LGBTQ+ generational wealth, in reality, the American dream of buying a home, getting married, having kids, finding a good job, and investing in a 401k is out of reach for many LGBTQ+ people according to a survey by TD Ameritrade. Almost two-thirds of LGBTQ+ millennials say they are unlikely to achieve these goals by age 40 compared to fewer than half of straight millennials. To find out more about this problem in the LGBTQ+ community pick up the newest issue of HotSpots on stands now.
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