For years, we've heard that millennials were afraid of the stock market because of the Great Recession. The market rally since the election may have changed some minds.
Nearly one-third of investors age 18 to 34 recently said they plan to move more of their retirement savings into stocks, according to a new survey from MassMutual.
While most investors — 60 percent — plan to stay the course with their 401(k)s and other workplace retirement plans, millennials are the most open to changing their portfolios because of the rally, based on a poll of 450 Americans the first week of April. (See table below.)