Financially Independent Millennial Report 2022: Highlights Financially Independent Millennial Report 2022: Highlights With increasing awareness about tax saving modes & avenues, millennials are joining the clique of savvy investors, who look at both future returns and present tax savings. Karan Dsij / Tuesday, August 16, 2022 / Article rating: 5.0 With millennials growing increasingly wary about money matters post-pandemic, the study indicated that a vast majority of the respondents (41 per cent) set aside a budget of anywhere between 10-20 per cent of their annual income as savings.