Money, work-life balance to fitness – here are the biggest life goals of millennials (Survey)

financialexpress.com:

Millennials consider work-life balance, mental and physical well-being, and embarking on travel adventures as their top Life Goals, according to a survey by Bajaj Allianz Life Insurance. The survey also revealed that along with lifestyle goals, financial security for family and child education are also amongst Millennials’ top priorities. 

The comprehensive study mapped over 40 Life Goals and evaluated how Indians are preparing themselves to achieve these goals. The Millennial Edition of the survey underscores a significant shift among Millennials towards a transformative lifestyle with 85% of the Millennials in the survey increasing outlook towards work-life balance, health and travel related Life Goals. Furthermore, financial security for family and child education is amongst top 10 goals. 

Notably, Millennials in the survey now have an average of 12 Life Goals, that has doubled as compared to five in 2019. This reflects a broadening scope of aspirations particularly among the millennial demographic.

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“Millennials are driven by the aspirations of living a fulfilling work-life balance and holistic well-being. They are in the pursuit of achieving both these, along with multiple other Life Goals without feeling the need to sacrifice one for the other.  While we find it encouraging that they recognize the significance of life insurance as a key tool to secure and accomplish their goals, it’s evident that, despite having a wealth of information at their disposal, they acknowledge inadequate long term financial planning towards achieving their multiple lifegoals,” said Chandramohan Mehra, Chief Marketing Officer, Bajaj