Millennial's student loan as an obstacle to retirement plan contribution global 2019

Published by
Fernando de Querol Cumbrera,
Nov 9, 2024
In 2019, 32 percent of high income Millennials worldwide strongly agreed that having student loan debt was an obstacle to contributing their desired share of income into a retirement plan. On the other hand, 11 percent of respondents strongly disagreed with this statement.

Share of high income Millennials with student loan debt that prevents them from saving for retirement worldwide in 2019

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Source

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Release date

2020

Region

Worldwide

Survey time period

2019

Number of respondents

8,600 respondents

Special properties

2,300 Mass Affluent, 4,450 Millionaire and 1,850 Ultra High Net Worth

Method of interview

Online interview

Supplementary notes

UHNW investors (Ultra High Net Worth) are those with five million to 25 million U.S. dollars net worth, not including primary residence (NIPR).

Millionaire investors are those with one million to five million U.S. dollars net worth, not including primary residence (NIPR).

Mass Affluent investors are those with 100 thousand to one million U.S. dollars net worth, not including primary residence (NIPR).

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