I don’t see why this is so difficult to understand - apart from the much greater debt millennials have coming out of university, houses are much more expensive than they used to be compared to the average salary, and millennials don’t have much trust in the market. They also tie you down when it’s often smarter to be mobile. Pensions aren’t as good value either, as we will retire later with a lower return on our investment. Holidays are a much smaller expense and as travel may be much less affordable or available when we do get old, it doesn’t make any sense to wait. Most importantly, not paying toward a pension plan or buying a house is the least we can do to get back at the boomer generation.
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