The statistic shows the results of a survey carried out in the United States in 2013 that aimed to compare the generational differences that exist between favorite sources for advice or guidance when it comes to investing. Millennials first ask parents for investment advice, with 60 percent stating this is where they would first turn, 17 percent of boomers cited this option when asked.
Sources for advice or guidance when investing in the United States in 2013, by generation
Source of advice
Millennials
Boomers
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In total, this survey included 1,400 millennials (aged 22-32) and a sample from just over 1,000 baby boomers (aged 48-66), details as to how many were retired and how many were not retired are not given.
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Wells Fargo. (May 22, 2013). Sources for advice or guidance when investing in the United States in 2013, by generation [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/282035/investment-advice-source-generation/
Wells Fargo. "Sources for advice or guidance when investing in the United States in 2013, by generation." Chart. May 22, 2013. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/282035/investment-advice-source-generation/
Wells Fargo. (2013). Sources for advice or guidance when investing in the United States in 2013, by generation. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/282035/investment-advice-source-generation/
Wells Fargo. "Sources for Advice or Guidance When Investing in The United States in 2013, by Generation." Statista, Statista Inc., 22 May 2013, https://www.statista.com/statistics/282035/investment-advice-source-generation/
Wells Fargo, Sources for advice or guidance when investing in the United States in 2013, by generation Statista, https://www.statista.com/statistics/282035/investment-advice-source-generation/ (last visited July 03, 2024)
Sources for advice or guidance when investing in the United States in 2013, by generation [Graph], Wells Fargo, May 22, 2013. [Online]. Available: https://www.statista.com/statistics/282035/investment-advice-source-generation/