Skip to main content

Study: Millennial Couples Don’t Always Share Investment Decisions

Phil Hall
Feb 13, 2019
The housing market is poised to see a dramatic increase in the number of first-time homebuyers

When it comes to making investments, most Millennial couples have no problem ceding the decision making to one of the partners, according to a new study from E*Trade Financial Corp.
Although the study found that 65 percent of Millennial couples discuss their investment portfolio on a regular basis—only 50 percent of the total population engages in this type of conversation—82 percent of Millennials polled by E*Trade said they were comfortable with their partner making investing decisions without them, a much higher share than the 55 percent of the total population.
\Furthermore, 64 percent of Millennials polled for the study claimed they make investment decisions without informing their partner, compared to 46 percent of the total population. But those decisions are not always guilt-free: 49 percent of the Millennial investment decisionmakers expressed guilt for acting unilaterally, versus 24 percent of the total population.
“While it’s promising that this generation is discussing their finances more, it’s less encouraging that they’re making investment choices independently,” said Mike Loewengart, Vice President of Investment Strategy at E*Trade. “Millennials face a great many financial headwinds, including student debt, inflated housing prices, and health care costs. The need for families to take a holistic approach to wealth management is arguably even more important for these young savers, and in fact may help to alleviate the guilt registered in the study.”
Feb 13, 2019
CFPB Issues Guidance On AI In Credit Underwriting

Creditors must provide specific and accurate reasons for credit denials, even with complex AI models.

Sep 19, 2023
Intercontinental Exchange Completes Black Knight Acquisition; Births Dark Matter Technologies Under Constellation Software

Rich Gagliano takes the helm at Dark Matter Technologies, poised to lead the future of Empower LOS with a 1,300-strong team, blending startup agility with decades of industry experience.

Sep 18, 2023
FHFA Invites Public Engagement On Modernized Credit Score Transition

Stakeholder forums and listening sessions planned to ensure seamless rollout; extended timeline for bi-merge credit report requirement in play.

Sep 11, 2023
Desperation Drives Difficulty in Closing Mortgages in California

Analysis reveals California among top 20 toughest states for mortgage closures.

Sep 11, 2023
If You Build It, They Will Come

Ratings will go a long way toward growing the market for home equity-backed securities

Sep 07, 2023
Investors May Be Losing Interest In The Single-Family Rental Market

Rise in interest rates, drop in values have them pulling back in certain regions

Sep 07, 2023