Insights from the Merrill Edge Report
When asked how much time spent on weekly tasks, Millennials focus on investments while older generations are spending more time on making budgets and compiling their grocery lists.
Losing weight and taking more trips falls to the bottom of 2015 priorities.
Health and relationships take a back seat to finances when it comes to where people are making the best decisions.
Braun Research, Inc. and Kelton, conducted the Merrill Edge Report survey by phone between September 9, 2014 and September 22, 2014 on behalf of Merrill Edge. Braun contacted a nationally representative sample of 1,000 Americans in the United States with investable assets between $50,000 and $250,000. Those age 18 to 34 (defined as Millennials) surveyed have investable assets between $50,000 to $250,000 or those age 18 to 34 that have investable assets of between $20,000 and under $50,000 with an annual income of at least $50,000. An oversampling of 500 Millennials were surveyed nationally. An oversampling of 300 mass affluent were surveyed in San Francisco, Los Angeles, Orange County, CA, Dallas, New Jersey and South Florida. The margin of error is ±3.1 percent for the national sample and about ±5.7 percent for the oversample markets, with both reported at a 95 percent confidence level.