First published by Money Metals here:
https://www.moneymetals.com/news/2019/02/04/coming-pension-fund-disaster-001711
According to one study, Millennials preferred cash (30%) as their largest investment over stocks (23%). This should be no surprise as the older Millennials have experienced two market crashes, the dotcom NASDAQ crash and the 2008 market meltdown within a decade.
