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Millennials: From Pokémon Cards to Future Savings

Tech-savvy, value-driven, and entrepreneurial. These are just a few of the positive traits often highlighted when it comes to those born in the 1990s. Want to know a bit more about the background to your way of thinking when it comes to saving? Follow along!

What’s the story?

You 90s kids have certainly had to ride the market’s roller coaster with the real estate crisis, the IT bubble, and the pandemic. This may have shaped your savings to be both cautious and strategic. You millennials are known, among other things, for being environmentally conscious tech enthusiasts who care about your loved ones.

If a person saves 1,000 SEK per month from the age of 25 and receives an annual return of 5%, the compound interest effect will cause the savings to grow to approximately 1,526,020 SEK by the age of 65. We have not accounted for fees and have assumed an annual return of 5%. This calculation should be seen as inspiration, not as advice or recommendation. The market can go both up and down, and past performance is no guarantee of future returns.

Do you feel inspired?

Starting a savings plan doesn’t have to be difficult or time-consuming. There are several flexible savings options to choose from that are suitable for long-term saving. By saving regularly with good risk diversification, you can give your money a good chance to grow. And congratulations – as a 90s kid, time is on your side. So what are you waiting for?

Take the first step here!

Considerations regarding risk

Investing in funds involves risk. Historical returns are no guarantee of future returns. The money invested in the fund can both increase and decrease in value, and it is not certain that you will get back the entire amount invested.