Investing through the ages Investing through the ages http://www.federatedinvestors.com/static/images/fhi/fed-hermes-logo-amp.png http://www.federatedinvestors.com/daf\images\insights\infographic\piggy-bank-baby-small.jpg May 27 2022 May 27 2022

Investing through the ages

How do different generations manage their money?
Published May 27 2022
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Investing through the ages Baby Boomers 1946 – 1964 43% have investments and 9% started investing before 21 Mostly invested in stocks and mutual funds Control $77 trillion worth of assets Average debt of $97,290* Top financial concerns: Retiring, consuming and investing Gen X 1965 – 1980 59% have investments and 14% started investing before 21 Mostly invested in stocks, cryptocurrency and mutual funds Controls nearly $50 trillion worth of assets** Average debt of $140,643* Top financial concerns: Retiring, saving and digital currency Millennials 1981 – 1996 64% have investments and 31% started investing before 21 Mostly invested in cryptocurrency, stocks and ETFs Control $14.5 trillion worth of assets** Average debt of $87,448* Top financial concerns: Saving, managing debt and retiring Added $51.1 billion to sustainable funds in 2020 Gen Z 1997 or after 54% have investments Mostly invested in stocks and cryptocurrency Average debt of $16,043* Top financial concerns: Saving, taxes and managing debt 42% rely on financial experts on social media *As of 2020 **Doubled since 2017 Information Sources: CNBC, May 2021; CNBC, October 2021; Federated Hermes, 2021; Federal Reserve Board Financial Accounts of the United States, 2021; Fortune, November 2021; Investopedia, April 2022; Money, December 2021.
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