Millennials At Work: Super Savers [Infographic]

I’m a baby boomer and I’m embarrassed by the debt we have left in the US for future generations to pay off. ¬†Fortunately there is some hope with the new generation of workers who appear to be more fiscally responsible with their personal finances.

A new study out from Merrill Edge shows that Gen Y, defined by the study as those 18-34, is starting to save for retirement earlier than any other generation. This high savings rate reinforces data shared in the following infographic by Scarborough Research showing that 59% of Millennials are savers as opposed to spenders.

To me, the message is clear, if you want to attract Millennials you better make sure you have a good 401k program.

2 thoughts on “Millennials At Work: Super Savers [Infographic]

  1. Pingback: Millennials At Work: Super Savers [Infographic]...

  2. Pingback: Hey Millenials! No Pressure!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>