Five Retirement Warning Signs for Millennials
Jamie Patrick Hopkins
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.
Fontinelle, Amy, "Five Retirement Warning Signs for Millennials" (2014). In the News. 24.