On Wednesday, February 25, I tuned in for a webinar hosted by Navy Federal Credit Union called “Military, Millennials and Money.” The forum took place at the National Press Club in Washington, DC.
A few highlights from the webinar:
– Millennials in the military continue to lead their peers in financial readiness (ex: ability to buy a home)
– 77 percent of all millennials surveyed by Navy Federal say they plan to save more in 2015 than 2014
– 58 percent of those same millennials believe they are on track to purchase a home
Overall, the numbers are positive and show young people are steadily gaining the confidence to make large purchases — like a first home.
If you have any questions about first-time homebuyers (military or civilian) in Virginia Beach, Norfolk, and Chesapeake, please contact me at 757-490-4726 or srubin@tidewaterhomefunding.com.
Featured image: MarineCorps NewYork (Flickr)