Millennials: different reasons for investing

59% of millennials (aged 18-35) target an income of more than 10%, compared to 40% of those aged 36+

Targeting an income of 10% plus

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Millennials (18-35)
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Older investors (36+)

Millennials were more likely to invest for immediate financial requirements, rather than long-term gains

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Supplement salary/income

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Provide income for children/other relatives

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Buy something other than a home

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Pay towards education of children/grandchildren

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Provide a house deposit

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AttentionAre millennials stretching their income too far across too many commitments?