Of the estimated 80 million people that make up the "millennial generation" in the United States, only half report they are currently planning to invest in the stock market, savings accounts or 401(k)s, according to a survey released by Microsoft.

The Microsoft "Millennials in Financial Services" survey, conducted by KRC Research of Washington, D.C., found that millennials born between 1981 and 2000 have less trust in banking and investment firms since the bailouts of AIG and global banks a year ago.

Millennials surveyed also believe that the U.S. financial industry is out of touch with the way they would like to communicate with their financial institutions. Based on the findings, millennials would prefer to communicate with their financial institutions through new channels including live online chats with banking representatives, personalized Web portals and financial applications for smartphones.

Eighty percent of those surveyed believe U.S. financial institutions do not deserve more bailout money, 67 percent are less likely to invest money in the stock market based on the current economic climate and 82 percent think it is important to get rid of large executive bonuses until the U.S. economy improves.