Why are millennials snubbing defined contribution retirement plans and stashing their money into taxable brokerage accounts instead?

The retirement plan industry is overly focused on a goal—namely saving for retirement—that doesn’t resonate with young investors, says Chris Brown, a principal of Hearts & Wallets, a research firm based in Hingham, Mass.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access