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Study reveals key reasons young people fail to save for retirement

Summary by Phys.org

Young people's pessimism about their longevity partly explains why they under-save for retirement, new research from Bayes Business School suggests.

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Phys.org

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Study reveals key reasons young people fail to save for retirement

Young people's pessimism about their longevity partly explains why they under-save for retirement, new research from Bayes Business School suggests.

1 day ago·United Kingdom

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birminghamworld.uk

+15 Reposted by 15 other sources

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Young people prioritise starting a business over saving for a house

A new study of 2,000 people aged 18–35 has revealed a notable shift in the savings aspirations of young people when compared with those of their parents.

2 days ago

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The London Economic

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Young Brits favour modern investments and YOLOing over traditional saving goals

Young people are prioritising medium-term investments, such as starting a business and travelling, over long-term goals such as saving for a house deposit.   A new study of 2,000 young people aged 18–35, commissioned by NatWest to launch a new youth-focused savings challenge, has revealed a notable shift in the savings aspirations of young people when compared with those of their parents. It found that this group are more likely to prioritise …

3 days ago·London, United Kingdom

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hillingdontimes.co.uk

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Young people prioritising starting a business over saving for a house

YOUNG people are prioritising medium-term investments, such as starting a business, over long-term goals such as saving for a house deposit.

4 days ago

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techeconomy.ng

Developing Entrepreneur Mindset - Tech

In a recent survey, it was discovered that more than seventy percent of people want to be some sort of entrepreneur. There are many reasons why many wants to become an entrepreneur and why you should consider taking that giant step and creating your own world but before we talk about how to develop an entrepreneur mindset, let’s look at the difference between an intrapreneur and an entrepreneur. An Intrapreneur An intrapreneur is an employee of …

1 day ago

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The Business Times

Young Brits are no longer saving like their parents did

Nearly half believe their parents would have saved a higher percentage of their income towards long-term goals than they are Alistair and Jonny Brownlee team up with Natwest A recent survey has revealed that young adults are prioritising short-term savings goals such as travel, wellness and cryptocurrency over long-term financial planning. The poll, which surveyed 2,000 individuals aged between 18 and 35, found that half of the respondents have…

3 days ago

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