Generation Y is ahead of the game when it comes to saving for retirement, according to the Principal Financial Group.

It found that 63 percent of millennial workers place saving for retirement as their top financial goal, followed by 48 percent who want to pay off their student loans and 42 percent who want to pay down credit card debt.

Eighty percent of millennial workers say they have a monthly budget and two-thirds have established an emergency fund, The Principal found

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.