Millennials get a bad reputation for being too frivolous about money matters – which is not entirely true! Statistics from the latest Manulife Singapore study that show that one in two millennials surveyed has started saving for the future, ahead of the baby boomers and Gen X.
However, they do tend to get side-tracked by short-term goals such as creating a beautiful home instead of accumulating a cushier nest egg. Faced with factors such as longer life expectancies and increasing costs of living, it would be wise to get an early start in growing your retirement funds. Take this quiz and find out if you’re on track to financial success.
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