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Are Millennials on Track for Retirement?
Millennials are by and large off to a good start as far as retirement saving is concerned. Conservative estimates show that a millennial that starts saving when they start off their career is slated to earn over 1 million dollars through a 401(k) under minimal investment. This number only gets higher depending on how aggressively millennials invest and how much they put aside for savings. Erik Carter has more to say on this subject in this article with Forbes.
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