Millennials can start planning a secure retirement future now.
Millennial investing attitudes and habits don't always move in the same direction.
According to TD Ameritrade's 2018 Millennials and Money Survey, 53% of millennials, meaning those born between 1981 and 1996, expect to become millionaires someday. But a more recent TD Ameritrade report shows that just 31% of young millennials, meaning those under age 30, are actively saving for retirement in an employer-sponsored plan.
Looking at the numbers side by side, it's clear that the majority of millennials want to build retirement wealth. On the other hand, they don't necessarily how to go about it.
Part of that could be chalked up to millennials coming of age in the shadow of the Great Recession.