Millennial Workers Expect No Social Security Benefit
The bad news: millennials — who were born 1979 and 1996 — have little faith that Social Security will help them in retirement. The good news: because they don’t expect much if any outside help, millennials as a group are off to a strong start at saving for their own retirement. Seventy percent are already saving, according to a new survey by Transamerica Center for Retirement Studies. They began at a median age of 22, which Transamerica calls unprecedented…Read More
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