Did you sock away at least 5 percent of your paycheck last year? If not, you might need to emulate some unexpected role models: Millennials are edging out their older counterparts when it comes to saving.
While only about half of adults 30 and older stash more than 5 percent of their income each year, 3 in 5 younger Americans are doing so, a Bankrate study found.
"The financial crisis came during millennials' formative years," said Bankrate.com's chief financial analyst, Greg McBride. "It instilled in them smart habits we haven't seen in awhile."