Lazy. Entitled. Digitally obsessed. Our research shatters these stereotypes about Millennials and arrives at some counterintuitive insights.
- Millennials invest more like their grandparents’ generation, largely due to having lived through economic volatility not seen since the Great Depression.
- Volatility has made them savers, not investors, holding nearly twice as much in cash as any other generation.
- Still, they are optimistic about achieving their financial goals. They just don’t fully believe that long-term investing will get them there, having witnessed market volatility disrupt their parents’ lives.
- Next Gen investors are seeking advice to help them overcome their concerns because they know they should plan better for the future.
Is your family planning long-term?
It’s time to bridge the generation gap so you and your children are prepared for the future. Talk to your UBS Financial Advisor today.