millennials retirement savings
3-in-5 Millennials Favor Brokerage Over 401(k) Financial Planning
Yes, three out of every five millennials now prefer brokerage accounts to traditional 401(k) plans for retirement savings. The shift reflects a broader desire for higher returns, tax flexibility, and digital platform access, reshaping how the generation plans for retirement. 62% of millennials aged 30-34 allocate their retirement contributions