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Sharp fall in Gen Zers and young millennials on track to meeting investment goals: OCBC survey

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SINGAPORE — The proportion of Singaporeans aged in their 20s who are on track to meeting their investment goals has plummeted to under a third (32 per cent) from 75 per cent in 2019, a new OCBC survey has found.

Under a third of Gen Zs and young millennials are on track to meeting their investment goals, a survey published on Wednesday by OCBC found

The annual OCBC Financial Wellness Index 2023 survey found that 79 per cent of Singaporeans have investments and 40 per cent of them are on track with their investment goalsThe sharp drop could be attributed to a lack of rigorous research and reliance on social media for news and investment information, said OCBCWe know it's a hassle to switch browsers but we want your experience with TODAY to be fast, secure and the best it can possibly be.

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