Filed Under:Markets, Gen X Y

Most Gen X and Y Americans financially uninformed

More than half of Gen X and Gen Y consumers no little about investments and financial products, according to a new study.

LIMRA, Windsor, Conn., discloses this finding in a summary of results from a May 2012 survey that polled 5,296 Americans aged 20 to 84. Of the total, 884 respondents were Gen X (born 1965-1980) and 720 were Gen Y (born 1980-2000). Additional results were based on LIMRA analysis of the U.S. Census Bureau’s Current Population Survey March 2012 Supplement and the Federal Reserve Board’s 2010 Survey of Consumer Finances.

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Nichole Morford

Nichole Morford
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