Fear Keeps Millennial Women from Investing in the Markets
However, they are very responsible with their budgets, with 53% having an emergency fund
Tag: Millennials
Millennials Doubt Happy Retirement Will Exist
The majority believe they will have to work much longer than previous generations, Prudential learned in a survey
Two Thirds of Millennials Have No Retirement Savings
Only one-third are participating in their retirement plan
Many Millennials Saving More for Retirement Than Other Generations
However, their fear of investing in the stock market could hurt their outcomes, a survey reveals.
Millennials’ Retirement Prospects Are Challenging
They earn less than older generations, are less likely to participate in a retirement plan, and will have to contend with longer life spans and rising health care costs.
Millennials Could Fare Worse in Retirement Than Older Generations
The Center for Retirement Research projects that 40% of those born between 1976 and 1985 will be unable to replace 75% of the income they received between the ages of 55 and 54 when they reach age 70.