CareerLeadership/Innovation

Goldman Sachs on How Millennials Affect the Economy

Adding up to around 92 million, the Millennial generation outnumbers the Baby Boomers by approximately 15 million. Goldman Sachs offers an interactive infographic sharing varied statistics about Millennial financial attitudes. For instance, just under 30 percent of Millennials, ages 18-34, were living at home with parents in 2010, and the median marriage age is 30. Between ages 25 and 34, renters in 2013 numbered 60 percent compared to 52 percent in 2005. However, 40 percent of Millennials still find owning a house to be “extremely important.” Unemployment and student debt are leaving Millennials with less money in general. For many more statistics, even about their health, you can view the infographic here: http://www.goldmansachs.com/our-thinking/pages/millennials/

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