Robo Advisors Want Millennial Clients — So Should You Invest With Them?
By Maggie Mertens
Most millennials don’t look at finances the same way their parents did. As this generation puts off marriage and kids, planning for the financial future is taking a backseat to figuring out how to stretch paychecks to cover rent, groceries, and student loans while still being able to pay for drinks with friends. Investing seems downright unaffordable (and not exactly user-friendly) to a generation whose median net worth is $10,400. Which might be why just 26% of people under 30 are investing in stocks.