Tags Millennials

millennials

Impact Investing and Healthcare: Millennials Lead the Trend

Impact Investing and Healthcare: Millennials Lead the Trend

Giving back and making a difference — you do it by donating time or money or deciding where to shop. Another option gaining popularity is called impact investing. The concept can mean different things...
Millennial Save for Retirement

9 Ways Millennials Can Prepare for Retirement

The reality of retirement is decades away for the millions of millennials. However, the challenges they face—accumulated student debt and limited higher-paying job opportunities—make building a retirement nest egg difficult.1 In a nationwide study, almost...

Chart of the Week: It’s a Millennial Takeover! Or Is It? (Part II)

The behavior of millennials as it pertains to their financial lives was examined in Part I, and this part will dive more into the demographics of the 18- to 33-year-old group. According to a...

Chart of the Week: It’s a Millennial Takeover! Or Is It? (Part I)

In this two-part series, we will analyze millennials, the group ages 18-34, who are proving to be much different from their predecessors when it comes to money. This group is less concerned with long-term financial goals...
Home Buyers Across the Generations

Chart of the Week: Millennials Buying the Most Homes

We have been hearing so much about American millennials being saddled with college debt that it is encouraging to see they are also buying the greatest percentage of houses. According to a recent study released...

Chart of the Week: Baby Boomers Overwhelmed by Millennials

This is the year that millennials will overtake baby boomers as the largest living generation. According to population projections released by the U.S. Census Bureau in December 2014, millennials (ages 18 to 34) will number 73.2...

Chart of the Week: Return of the Multi-Generational Household

The number of Americans living in multi-generational households* has doubled since 1980. According to recent Pew research Center analysis of Census data, a record 57 million people in the U.S., or just over 18.1% of the...

Chart of the Week: Behold, the Great Wealth Transfer!

Baby boomers, the generation of people who were born between 1946 and 1964, have already started to pass their money down to their heirs. This immense transfer of financial and non-financial assets exceeds $30 trillion ($17...

Chart of the Week: Millennials Drowning in Debt

While the huge group of baby boomers moving into retirement garners most of the attention, it is a lesser-known faction that is struggling under increased financial pressure. About 40% of Millennials—people within the ages...

Chart of the Week: Female Workers Closing the Pay Gap

Female workers, especially those of the Millennial generation (ages 25 to 34 years old), have been closing the gender wage gap over the past 30 years. As of 2012 year-end, all female workers...