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With the proliferation of smartphones and laptops, everyone has the internet at their fingertips nowadays. So perhaps it’s no surprise that people are turning to an ever-increasing number of financial sources for information about their investments. According to a new study by research firm Hearts & Wallets, 43% of households used seven or more sources of financial information in 2021, and that number rose to 84% for millennials with over $100,000 in assets.

Among those sources of information include employer-sponsored plans, which millennials are particularly likely to take advantage of: 2 of 3 Gen X and millennial households rely on employer-sponsored programs to some degree, with a jump in the past year. Only 1 in 3 baby boomer households uses an employer as a source of investing information and advice.

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