Research has shown a disparity between millennials' perceived financial situation and their actual financial reality. A significant portion of millennials, 61 percent, acknowledge this gap. The surveys also found that many millennials project a certain financial image, with only 19 percent not doing so.

In contrast, a larger percentage of Gen X and baby boomers do not project a financial image. Millennials are also found to be invested in their work, with one in three identifying with their profession. Further details on the surveys and their findings are available.

The research aimed to understand the financial perceptions and realities of different generations.