Uncertain Futures, 7 Myths about Millennials and Investing

Millennials are on the cusp of surpassing Baby Boomers as the largest adult generation in America. Yet the soon-to-be largest generation in the nation remains substantially under-invested.

This report from the FINRA Foundation and CFA Institute, conducted by Zeldis Research Associates, explores the financial behaviors and attitudes of three millennial groups—those with no investment accounts, those with only retirement accounts, and those with taxable investment accounts (most of whom also have retirement accounts).

It also compares millennials with taxable investment accounts to Gen Xers and baby boomers with taxable accounts to determine how the investing behavior of these three generations differs.