Industry News
8/8/2018

Some millennials are using retirement savings to fund home purchases, with 29% who own homes reporting having taken loans against their retirement accounts and 19% who plan to purchase a home intending to use retirement funds to do so, a survey by Bank of the West finds. Advisors note this is cause for concern and a sign that these millennials are not financially ready to buy a home.

Full Story:
NBC News

Related Summaries