Here's something in common about Gen X and Y millionaires: they're hands-on investors who actively work to grow their savings.

That's according to Fidelity Investments' Sixth Fidelity Millionaire Outlook, which also found that Americans from these generations have the most positive financial outlook in the history of the study and spend a great deal of time managing their assets, averaging 30 trades per month.

The financial outlook of Gen X and Gen Y millionaires is about 58 points more favorable than the baby boomer generation and is the highest level seen since the survey's inception in 2006, according to Fidelity.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.