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Some especially troubling stats considering pensions and social security is likely to be gone by retirement age: * A lot are in real trouble: "66 percent of wo
by kosei 9y ago
Some especially troubling stats considering pensions and social security is likely to be gone by retirement age:
* A lot are in real trouble: "66 percent of working Millennials have nothing saved for retirement"
* People aren't using their retirement plans: "1/3 of this generation actually participates in employer-sponsored plans despite the fact that two-thirds of Millennials work for employers that offer retirement plans"
* Needs more auto enroll: "56 percent of Millennials participated in an employer-sponsored plan with voluntary enrollment, but 92 percent participated in an employer-sponsored plan due to automatic enrollment"