Millennials haven’t had the smoothest financial path, and many still feel unsure about whether they’re saving enough for retirement. With high student loan balances, steep housing costs and a string of economic disruptions throughout their working lives, it’s no wonder this generation struggles to pinpoint a realistic savings target.
Planners say millennials need frameworks that are simple enough to stick with but flexible enough to adapt as their income grows. Here’s how much they advise their millennial clients to save for retirement — and how to stay on track even when life gets messy.
