High-earning millennials expect greatest rise in incomes
4 years, 7 months ago

High-earning millennials expect greatest rise in incomes

Live Mint  

It is accepted wisdom that the young want much more than just monetary compensation for their work. The YouGov-Mint-CPR Millennial Survey was conducted online between 12 March and 2 April and covered a sample of 10,005 respondents across 184 towns and cities. The survey was conducted jointly by Mint, the Indian arm of the global market research firm YouGov, and the Delhi-based think tank, CPR to gauge the aspirations and attitudes of India’s digital natives. On being asked about their income expectations over the next five years, a majority of working millennials earning upto Rs. Among those working in the social sector, a relatively larger proportion said they wanted to retire early.

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Millennials face financial struggles despite above-average salaries
1 day, 9 hours ago

Millennials face financial struggles despite above-average salaries

NL Times  

Millennials in the Netherlands are finding themselves in a paradox: despite earning significantly above average salaries, many feel trapped by financial constraints. “For many millennials, after paying rent or a mortgage, utility bills, groceries, and student loan repayments, there’s very little left of their four-figure salaries,” the report noted. Burger added that millennials face heightened financial vulnerability due to higher …

Gen-Z outpaces millennials in setting 5-Year financial plans amid economic challenges
1 month, 2 weeks ago

Gen-Z outpaces millennials in setting 5-Year financial plans amid economic challenges

Hindustan Times  

Gen-Z adults are more likely than Millennials to have a five-year financial plan, according to a new survey by First Direct. The survey, conducted by OnePoll in October among 4,000 participants, found that 59% of Gen-Z savers—those born after 1996—have set financial goals for the next five years, compared to just 40% of Millennials. Compared to Millennials, Gen-Z individuals are …

Gen-Z adults ‘more likely than Millennials to have a five-year financial plan’
1 month, 2 weeks ago

Gen-Z adults ‘more likely than Millennials to have a five-year financial plan’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Six in 10 Gen-Z savers born after 1996 said …

As Generation X approaches retirement, reality still bites
4 months, 2 weeks ago

As Generation X approaches retirement, reality still bites

Live Mint  

The oldest members of Gen X are turning 60 next year. Goldman Sachs Asset Management in a recent report called Gen X the “‘401 experiment’ generation." Gen Xers between 45 and 54 years old had a median account balance of roughly $60,000 in defined-contribution retirement plans at Vanguard Group in 2023, according to the firm. “I’m grateful for the 401, …

Millennials comprise dominant homebuyer group, redefine housing market: Report
5 months, 2 weeks ago

Millennials comprise dominant homebuyer group, redefine housing market: Report

Hindustan Times  

Online property search portal NoBroker has observed a 23% increase in the number of homebuyers aged between 25-35 years on the platform, the proptech unicorn said in its half-yearly report. Millennials constitute the largest homebuyer group on NoBroker, the proptech unicorn said in its half-yearly report The term millennials or Generation Y is employed to refer to individuals born between …

Gen Z and millennials are changing careers and job hopping more than older generations
7 months ago

Gen Z and millennials are changing careers and job hopping more than older generations

ABC  

In short: More younger workers are job hopping to find fulfilment and better work-life balance. RMIT Online chief executive Nic Cola said there had been a "seismic shift" in people's attitudes towards work. "Almost 30 per cent of Australians under 30 were saying that in the next year that they were looking to actually move careers," Mr Cola said. "They've …

Millennial Money: The evolution of retirement — and what it might mean for you
9 months, 4 weeks ago

Millennial Money: The evolution of retirement — and what it might mean for you

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “While bond yields are much better than they were …

Gen Z set to overtake Boomers in the US workforce by next year, but Millennials - or the 'avocado toast generation' - will dominate until 2040s
1 year, 1 month ago

Gen Z set to overtake Boomers in the US workforce by next year, but Millennials - or the 'avocado toast generation' - will dominate until 2040s

Daily Mail  

Millennials are now still expected to remain on top until 2040 Members of Generation Z are set to to work more full-time jobs than Baby Boomers by early 2024, a study has found. Generation Z is set to overtake Baby Boomers in the workforce by early 2024, according to US Census Bureau data analysed by Glassdoor Millennials are still expected …

Saving like an Indian millennial
5 years, 1 month ago

Saving like an Indian millennial

Live Mint  

Over the past few years, India’s declining savings rate has been a puzzle for macroeconomists. However, fresh data from the latest round of the YouGov-Mint Millennial Survey shows that among urban India’s working population, the younger age cohorts tend to save a higher share of their incomes than their older counterparts. Among millennials, the share was significantly lower, and among …

Millennial woes at the workplace
5 years, 2 months ago

Millennial woes at the workplace

Deccan Chronicle  

Have you grown up admiring how your parents woke up, got dressed and left to work with a smile on their face and wondered when will you be that old? Speaking about what could be the prime reason for youngsters to quit from jobs with a short period of time Alia Fathima a business development manager says, “We mostly show …

New poll finds 70% of millennials say they're "likely" to vote for a socialist
5 years, 2 months ago

New poll finds 70% of millennials say they're "likely" to vote for a socialist

Salon  

Younger Americans are more likely to support a socialist political candidate and their views are capitalism are significantly more negative than older Americans, according to a poll conducted by YouGov for the Victims of Communism Memorial Foundation. The poll found that just 50 percent of millennials, or people born between 1981 and 1996, have a positive opinion of capitalism, while …

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