For millennials, retirement looms large. Coming of age during tumultuous economic times, from the 2008 recession to the pandemic, has left many of the generation unable to imagine themselves carefree in their later years. One study, cited by CNBC, suggested that around 38% of millennials born in the 1980s would have insufficient retirement savings by the time they reach the age of 70.
Be Aware: You’ll Run Out of Money in 20 Years — Why Retirees Are Rethinking Their Savings Strategy
