Comprising the largest generation of American workers today, millennials (people between the ages of 21 and 37) are emerging both as employees and investors. They came of age in a new era of investing, where long-term job security, pensions and a traditional labor market were things of the past.
These factors altered this generation’s views on their careers and investments. They have become natives of a new and evolving workforce. More importantly, the millennial generation has money to invest and their behavior might not be what you expect.
Capital Group surveyed more than 1,200 American adults over the age of 21 with equal participation from the three workforce generations of varying income levels. In our recent Wisdom of Experience survey, we discovered:
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only.
American Funds Distributors, Inc., member FINRA.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.