Gen X and Millennials Both Save for the Same Reasons

Generation X and millennials may have more in common than you think — especially when it comes to their reasons for saving.

According to an infographic published by TurboTax last year,  both include travel and retirement as their top two reasons for saving.

Screen Shot 2014-09-30 at 10.59.15 PM

Screen Shot 2014-09-25 at 6.10.58 PM

As you can see, Gen X ranks retirement in the top spot and millennials rank travel first.

Both include their homes as the third reason they save: Gen X is focused on home improvement while millennials are saving to buy or build a home and to start a family.

What are your top reasons for saving?