Disciplined, Confident and a Little Stressed: Millennials Report Positive 401(k) Saving Behaviors in

Charles Schwab press release -------- New research from Schwab Retirement Plan Services, Inc. shows that, despite the financial challenges they face, Millennials are taking positive steps when it comes to their saving and investing habits, especially with their 401(k)s. Not only are Millennials focused on their financial future, but they are also open to professional assistance in managing their money in the present. Schwab’s nationwide survey examined the attitudes and behaviors of 500 American workers who currently contribute to a 401(k), including those identified as Millennials (25-36 years old), Gen Xers (37-52) and Baby Boomers (53-70). It reveals that all three generations recognize the importance of the 401(k) in helping them meet their retirement savings goals, with 86 percent of Millennials, 90 percent of Gen Xers and 84 percent of Boomers considering it a “must-have” benefit. To learn more click on the picture below to read the release.