Millennials prefer to live in the moment, spending their incomes on maintaining a good quality of life and using their savings on holidays, experiences, events and big-ticket purchases. With retirement being out of sight and hence out of mind, what takes a back seat is investing this money for a secure future. While investment may seem like a daunting word that you don’t need to focus on right now, the sooner you start the lesser regrets you shall end up with.
