GITNUX MARKETDATA REPORT 2024

Millennials Investing Statistics [Fresh Research]

Statistic 1

"Millennials hold 25% of their investments in cash."

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Statistic 2

"63% of millennials are saving to achieve their long-term financial goals."

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Statistic 3

"Around 61% of millennials started investing before turning 24."

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Statistic 4

"46% of millennials are using at least one financial app."

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Statistic 5

"In 2019, 42.5% of millennials owning stocks had a college degree."

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Statistic 6

"12% of millennials responded that real estate is their preferred investment strategy for the long term."

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Statistic 7

"More than 80% of millennial investors have a specific financial goal or plan."

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Statistic 8

"29% of millennials have investments in cryptocurrencies."

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Statistic 9

"79% of millennials plan to invest or save their federal tax refund."

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Statistic 10

"43% of millennials feel overwhelmed by all the investment choices available to them."

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Statistic 11

"68% of millennial investors care about the social impact of their investments."

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Statistic 12

"Only 30% of millennials feel confident in their ability to invest."

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Statistic 13

"About 52% of millennials prioritize saving for retirement as the top financial goal."

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Statistic 14

"Nearly 44% of millennials participate in employer-sponsored retirement savings plans."

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Statistic 15

"67% of millennials report having started saving for retirement at a younger age than their parents."

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Statistic 16

"59% of millennial investors expect their investments to outperform the market."

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Statistic 17

"Approximately 74% of millennials are unaware of how to buy and trade cryptocurrencies."

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Statistic 18

"Only 38% of millennials trust financial professionals and institutions to manage their investments."

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