Well, at least millennials are saving.

According to the Spring Merrill Edge Report from Bank of AmericaMerrill Edge, 63 percent of millennials are socking it away in the name offinancial freedom: the amount of savings or income they need tolive the lifestyle they want.

GenXers and boomers, on the other hand, are saving up to get outof the workplace—with 55 percent of them working toward thatgoal.

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

© 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.