Millennials’ finances are already stretched by student loan debt and housing costs, but there’s another factor to consider: Compared with their parents, they may need to save much more of their income for retirement, according to a new NerdWallet analysis. A number of analysts predict that the slower growth of the U.S. economy after the...
The article Study: Millennials May Have to Save 22% of Yearly Income for Retirement if Market Returns Drop originally appeared on NerdWallet.
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