This statistic depicts the main reasons for saving for retirement among Millennials in the United States in 2015. During the survey period, 43 percent of the U.S. Millennials admitted that saving for retirement was important for them because they didn't expect that social security benefits would be available to them.
Why it so important for you to save for retirement?
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Statistics on Millennials in the U.S.
Overview
3
Demographics
4
Employment
4
Finances
4
- Premium Statistic Leading metros for Millennial house buyers in the United States in 2020
- Premium Statistic Mortgages taken out by Millennials in the U.S. 2020, by type of mortgage
- Premium Statistic Share of leading stocks held by Millennials in the U.S. Q2 2021
- Premium Statistic Homeownership expectations of Millennials in the United States in 2020, by ethnicity
Opinion
4
- Basic Statistic U.S. number of active duty Armed Forces personnel 2021, by age group
- Basic Statistic Share of adults believing immigrants strengthen the country, by generation U.S. 2019
- Basic Statistic Support for same-sex marriage in the United States 2021, by age group
- Premium Statistic Share of Millennials expecting to rent in the future in the U.S. 2018-2022
Further related statistics
14
- Percentage of retirement savings in stocks/mutual funds in the U.S.,2013
- Spending behavior of U.S. Millennials 2016, by share of income spent
- Expected sources of retirement income for Millennials in the U.S. 2016
- Retirement income - share from Social Security, by generation, 2013
- Life events prompting U.S. Millennials to seek a financial advisor 2014
- Asset level at which U.S. Millennials would work with a financial professional 2014
- Financial research sources of the U.S. Millennials 2014
- Ownership of financial products among Millennials in the U.S. 2014, by type
- Opinion of U.S. Millennials on their financial situation 2018
- Household saving rate of the United States from 2010 to 2017
- Financial topics deemed uncomfortable for discussion in the U.S. 2106, by age group
- U.S. Millennial share shopping at discount stores by type 2018
- Married millennials with kids' investment ownership Indonesia 2018 by type
- Married millennials without kids' purpose to own an investment product Indonesia 2018
Further Content: You might find this interesting as well
Statistics
- Percentage of retirement savings in stocks/mutual funds in the U.S.,2013
- Spending behavior of U.S. Millennials 2016, by share of income spent
- Expected sources of retirement income for Millennials in the U.S. 2016
- Retirement income - share from Social Security, by generation, 2013
- Life events prompting U.S. Millennials to seek a financial advisor 2014
- Asset level at which U.S. Millennials would work with a financial professional 2014
- Financial research sources of the U.S. Millennials 2014
- Ownership of financial products among Millennials in the U.S. 2014, by type
- Opinion of U.S. Millennials on their financial situation 2018
- Household saving rate of the United States from 2010 to 2017
- Financial topics deemed uncomfortable for discussion in the U.S. 2106, by age group
- U.S. Millennial share shopping at discount stores by type 2018
- Married millennials with kids' investment ownership Indonesia 2018 by type
- Married millennials without kids' purpose to own an investment product Indonesia 2018
Principal Financial Group. (March 10, 2015). Why it so important for you to save for retirement? [Graph]. In Statista. Retrieved March 22, 2023, from https://www.statista.com/statistics/500813/us-millennials-importance-of-saving-for-retirement/
Principal Financial Group. "Why it so important for you to save for retirement?." Chart. March 10, 2015. Statista. Accessed March 22, 2023. https://www.statista.com/statistics/500813/us-millennials-importance-of-saving-for-retirement/
Principal Financial Group. (2015). Why it so important for you to save for retirement?. Statista. Statista Inc.. Accessed: March 22, 2023. https://www.statista.com/statistics/500813/us-millennials-importance-of-saving-for-retirement/
Principal Financial Group. "Why It so Important for You to save for Retirement?." Statista, Statista Inc., 10 Mar 2015, https://www.statista.com/statistics/500813/us-millennials-importance-of-saving-for-retirement/
Principal Financial Group, Why it so important for you to save for retirement? Statista, https://www.statista.com/statistics/500813/us-millennials-importance-of-saving-for-retirement/ (last visited March 22, 2023)
Why it so important for you to save for retirement? [Graph], Principal Financial Group, March 10, 2015. [Online]. Available: https://www.statista.com/statistics/500813/us-millennials-importance-of-saving-for-retirement/