Is buying a house more important financially than saving for retirement? Almost 20% of millennials say they saving for a house is the reason they are not saving more into a pension. 10% are affected by paying off student debt and 9% are affected by frequently changing jobs. 31% expect to buy their first home by the age of 30 and hope to get some financial assistance from the Bank of Mum and Dad. Retirement planning should also be an important part of your future financial plans, and seeking professional financial advice could help to create effective financial plans.