Search results for: Millennials
Millennials Want Employers to Provide Help With Finances
Nearly half (48%) of Millennials want their employers to provide access to a financial professional to create a personalized financial strategy.
While Confident About Investing, Millennials Open to Advice
Sixty-four percent of Millennials say they are confident about making investment decisions—but this soars to 85% when working with an adviser.
Millennials Suffering From Financial Anxiety
A variety of financial obstacles ranging from sticking to a budget to saving for the future are keeping Millennials up at night, according to a study by Wells...
Individualism Defines Millennials’ Financial Future
With one-quarter of a century until the first of them turn 65, Millennials very much view themselves as "on their own" with regard to retirement income, according to...
Financial Struggles Overshadow Millennials' Retirement Savings Confidence
Despite confidence in their level of retirement savings, 46% of Millennials surveyed indicate they have a significant amount of debt, and 43% report they cannot afford to pay...
Millennials Prefer Human Financial Advisers
A majority of young investors believe human advisers can generate a better ROI than robo-advisers, a recent survey finds.
Millennials Missing Out on Growing Retirement Savings
Forty-one percent of Millennials are avoiding the stock market and using savings accounts to save for retirement, which LendEDU estimates will cause Millennials to miss out on more...
Millennials Want Investments That Change Theirs' and Others' Lives
A survey from Capital Group also found 80% of Millennials believe all employers should be expected to provide a retirement savings option.
Millennials Most Interested in Sustainable Investing
Almost all Millennial investors in a study indicated they want sustainable investment options in their 401(k)s.
Majority of Millennials Lack Confidence in Retiring When They Want
Most feel Social Security won't be there, and when asked what type of retirement savings they have, the most common response was none.
Financial Security a Prime Concern for Millennials
A recent study finds that out of all generation groups, Millennials are the most likely to choose financial security over vacation, cars and smartphones.
High-Net-Worth Millennials Very Confident About Finances
Many are taking a proactive approach to managing their wealth.
Millennials Have Lofty Retirement Goals
They are saving aggressively to retire early, despite obstacles, and they are actively seeking information to guide their financial decisions.
Millennials Saving More for Financial Freedom
Millennials are saving more to keep experiencing the lifestyle they want even if it means working for the rest of their lives.
Millennials Making Risky Investment Decisions
A new study finds that Millennials are reacting to market volatility with unwise investments and they’re less likely to seek advice.
Generation Z Showing Better Financial Behaviors Than Millennials
Among those ages 14 to 21 surveyed, some are already saving for retirement, and many plan to not go into debt for college.
Study Finds Mismatch on Millennials' Goals and Savings for Them
One behavior that could hold Millennials back is a preference to save cash for a rainy day rather than invest for the future, a survey finds.
Millennials Display Outsized Return Expectations, Desire for Advice
Millennials are now the largest demographic in the U.S., and also the least likely to have access to a defined benefit pension plan.
Millennials Least Knowledgeable About 401(k)s
A study finds that, overall, 37% of Americans cannot correctly describe a 401(k).