Inflation hits everyone differently, but for some Americans, the high cost of goods and services means cutting back on long-term financial goals.
In October, Bankrate released a new study that surveyed over 2,500 US adults across multiple generations. They found that younger generations tend to be more optimistic about saving for retirement despite most estimating that over $1 million would be needed to retire comfortably. Are younger generations right to be optimistic or could they face regrets on reduced saving as they age?
