Wall Street

Report – Millennials Are Saving More Than Their Parents – Are You Saving Enough?

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ValueWalk

We financial millennials have the punchline for Boomers for way too long. But, guess what? When it comes to saving money? We’re on fire. Q1 2022 hedge fund letters, conferences and more Their 401(k) balances are also higher than those of Gen Xers, according to a report released last year by Pew Research Center. There may be some who are surprised by this. To us, it’s nothing new. Despite the misconceptions and stereotypes, like wasting money on avocado toast, millennials are, in fact, savers. Millennials’ Savings Habits“Because of the expensive necessities that surround us, some say millennial…

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