Not exact matches
Financial advisor Sophia Bera, founder of Gen Y
Planning, discusses 3 key
moves millennials can make to ensure a bright financial future.
Establishing new positions was the most popular
move millennials plan to make, but only by a hair.
According to a quarterly investment survey from E * Trade Financial ETFC, -0.69 % nearly a third of
millennial investors — defined as ones between the ages of 25 and 34 — are
planning to
move out of cash and into new positions over the coming six months.
Move over 401 (k) and health insurance
plans, there's a new company benefit tailored to the
millennial workforce.
Possibly offsetting the low supply of starter homes, which is down 17 percent year over year, 60 percent of respondents to realtor.com ®'s survey who did say they
plan to sell in the next year are
millennials who want to
move to a larger home or one with nicer features.
Of the 63 percent of
Millennials who say they
plan to
move within the next five years, about 40 percent say they expect to
move to multifamily housing.
That's because
millennials» top reasons for buying a home are that they're getting married or
moving in with a partner, growing tired of their current living space, or
planning a lil» addition to the family.
The survey also showed that 37 per cent of
millennials planned to
move within two years.