Millennials don't want to follow the usual path in life of school, then work, followed by retirement. Considering Americans live 30 years longer now than they did a century ago, millennials are instead looking to that "extra" 30 years as an opportunity to restructure their lives — despite the twin handicaps of being the least financially prepared and most overwhelmed by the notion of long-term planning.

That's according to new research from Allianz Life Insurance Company of North America, which found that more millennials are looking to march to a different drummer than their elders in the way they live their lives — although they're definitely not alone in considering the road not taken.

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.