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What are some of the things that keep you up at night? A new study reveals that these financial worries might be the same ones that your younger counterparts are having. According to a survey published in April by Northwestern Mutual titled “2015 Planning and Progress Media Study: Millennials and Money,” just like the general population and pre-retiring boomers, millennials are worried that their savings won’t be enough to be comfortable in retirement. They also worry that Social Security may very well not be there by the time their retirement age rolls around. What’s more, they are concerned about rising health care costs. Like boomers, millennials fear that they may need to keep working well past the traditional retirement age. Read more…
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