How Millennial Women are Saving: Report

Millennial women are saving, but they're not as interested in stocks.

A millennial woman in a blue shirt smiles at the camera.
(Image credit: Getty Images)

Millennial women are saving and investing — it just might not always be in the stock market. Nearly half of millennial women would rather invest in real estate, a new survey from Credello, a fintech company, found. 

"A little over 40% of them would rather invest in real estate because they feel that it provides better returns and 37% of them think it’s safer than stocks," Meredith Lepore, editor of Credello, told Kiplinger. "Additionally, 30% of them would rather invest in a home versus the markets because they fear they’ll lose money."

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Alexandra Svokos
Senior Digital Editor

Alexandra Svokos is the senior digital editor of Kiplinger. She holds an MBA from NYU Stern in finance and management and a BA in economics and creative writing from Columbia University. Alexandra has a decade of experience in journalism and previously served as the senior editor of digital for ABC News, where she directed daily news coverage across topics through major events of the early 2020s for the network's website, including stock market trends, the remote and return-to-work revolutions, and the national economy. Before that, she pioneered politics and election coverage for Elite Daily and went on to serve as the senior news editor for that group. 

Alexandra was recognized with an "Up & Comer" award at the 2018 Folio: Top Women in Media awards, and she was asked twice by the Nieman Journalism Lab to contribute to their annual journalism predictions feature. She has also been asked to speak on panels and give presentations on the future of media and on business and media, including by the Center for Communication and Twipe.