Milestones of the millennium not supported by action #infographic

Milestones of the millennium not supported by action #infographic

While millennials (adults aged 18-34) would like to complete many of the same traditional life stones as older counterparts, they are waiting for savings and focusing instead on other economic goals, a million-dollar (MDRT) survey conducted in April by Harris Poll, an association of top financial specialists.

Although they claim to have a retirement at an average age of 62, which is lower than the expectations of older generations (45-54 years of age, 66 years of age, 55-64 years of age, 65 years of age, and 65 years of age and over 73 years of age), only 22% of the thousand-year-olds say they currently save for retirement.

Further emphasis is put on other concerns regarding financial planning, such as travel, higher education or the purchase or renovation of a home. With 91 per cent of millennia reporting that they don't even have an economic pension plan, one of the most important priorities is probably on the track. When in the next five years thousands of people were being asked about their goals.

Milestones of the millennium not supported by action #infographic




infographic by: www.prnewswire.com

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