Generation Y learned a lot about finances during the Great Recession and took more positive financial action since 2008 than any other generation.
So says Fidelity investments based on a study it conducted on the attitudes and behaviors of investors since the financial crisis began five years ago. It found that 81 percent of Generation Y — those born between 1981 and 1988 — believe they are more knowledgeable about finances now compared to only 66 percent of those in older generations.
Gen Y also is more confident as investors than older generations and is saving more since the recession hit.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In
© 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.
