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Generation Y: From Stenmark to Smart Homes and Future Savings

Independent, creative, and flexible. These are just a few of the positive traits often highlighted when it comes to those born in the 1980s. Want to know a bit more about the background to your thinking when it comes to saving?  Follow along!

What’s the story?

Those of you born in the 80s have truly experienced the market’s roller coaster with the real estate crisis, the IT bubble, and the pandemic. This has shaped your savings to be both cautious and strategic. You are also known for being environmentally conscious tech enthusiasts who care about your loved ones.

If a person saves 1,200 SEK per month from the age of 40 and receives an annual return of 5%, the compound interest effect will grow the savings to approximately 714,612 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 someone born in the 80s, time is on your side. In other words, you have great opportunities to make a difference for your future finances.

Take the first step here!

Considerations regarding risk

Investing in funds involves risk. Past performance is no guarantee of future returns. 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.