Millennials are a mobile-first generation. They are fast adopters of technology and have come to expect the ability to manage all aspects of their lives through sleek mobile platforms. Retirement plans are no exception.
Millennials are much more likely to value mobile access to their 401(k)s than their parents are. Specifically, our September 2016 survey found that 57% of millennials consider the ability to manage their retirement plan account via a mobile app “very important” or “extremely important,” versus just 26% of baby boomers.
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