Browsing Tag
Millennials
171 posts
Millennials, also known as Generation Y, are the generational cohort typically defined by their birth years, ranging from 1981 to 1996, though some definitions vary slightly (e.g., 1980–1995 or 1981–1997 depending on the source).
Close to Half of Workers Unaware of Annuities
Four in 10 adults do not know what an annuity is, according to findings from USAA Life Insurance company
Millennials, Gen Z Cutting Back on Retirement Contributions?
Morgan Stanley at Work survey finds more than 3 in 4 younger participants say they have reduced contributions, citing inflation and recession concerns
More U.S. Working Adults Allocated Cash to Retirement Savings in 2022: Schroders
A new survey by Schroders finds 29% of working adults ages 45 and up allocated cash towards retirement investments, versus 33% of Millennials
Plan Participants Want ESG Investments: Natixis
Close to three quarters of survey respondents said they would engage with their workplace retirement plan if their employer offered investments in companies with good ESG practices
Self-Directed Investors Don’t Understand Digital Advice: J.D. Power
While Gen Z and Millennial investors report interest in robo-advice, just 22% of do-it-yourself investors say they understand the technology
One in Five Americans Will Achieve $1.1 Million for Retirement Savings
A Schroders retirement survey reveals that despite more working Americans wanting to reach that million-dollar benchmark, few believe they actually will
‘America’s Retirement Score’ Drops to a 78
Fidelity research shows nation’s retirement preparedness level sees five-point decline amid continued volatility
Most Americans Coping with Inflation By Cutting or Halting Retirement Contributions
Allianz Life study shows many are prioritizing present financial needs at the cost of their retirement
Younger Workers More Ambitious Now Because They Want to Retire Early: Study
Qualtrics research finds money, not pride, motivates America’s youngest workers, who are much more ambitious than other generations and say they want to retire early
How to Reach Younger Workers? Personalization, Choice and Education
Plan advisors can help employers avoid treating all young workers the same by tailoring benefits and education to the obstacles they believe are most important