In the News

Title

Five Retirement Warning Signs for Millennials

Document Type

Article

Publication Date

4-23-2014

Abstract

Gen Y'ers, also known as Millennials, have been plagued by poor economic conditions that have made it difficult to get and keep a job, especially one that matches their skills and expertise. Many Millennials also face crushing student-loan debt that makes it difficult not only to save for retirement, but also to buy a house or think about starting a family. A study by personal-finance website NerdWallet found that recent college grads won’t have enough assets to retire until they’re 73, whereas the current average retirement age is 61.