61% of American millennials said they would rather spend money on life experiences now than save for retirement.

That's a great mindset to have! Life experiences are valuable and can bring joy and fulfillment. Just remember to find a balance and plan for the future too.

Oh the American BRAAAIIINNN! When you invest early on your corpus gets more time to compound which is why you should start retirement planning early. As for "experiences"... get it but don't label foolish spending as "experiences".

If I am in my late 20's I'd save like 10-15% of my salary for retirement and spend 10-20% on experience. It's a basic balancing act.

It's truly remarkable to witness the shift in priorities among American millennials, with 61% prioritizing life experiences over saving for retirement. This mindset reflects a profound appreciation for living in the moment and seizing opportunities to create lasting memories. While planning for the future is undoubtedly important, embracing life's adventures and enriching experiences adds immeasurable value to our journey. It's a testament to the generation's desire for fulfillment and meaningful connections, demonstrating a bold and courageous approach to living life to the fullest. Let's celebrate this spirit of adventure and inspire each other to embrace every opportunity that comes our way! 🌟✨