More than one-third of millennials believe they won’t get a dime of Social Security when they retire, so they’re taking matters into their own hands (creditnews.com)

submitted 1 year ago by yenahmik@lemmy.world to c/fire@lemmy.ml

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cross-posted from: https://lemm.ee/post/10563312

Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

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[-] yenahmik@lemmy.world 13 points 1 year ago

While I believe Social Security will still exist, I definitely fall into the category of millennial on track for a comfortable retirement.

It's good to see that so many people are saving for retirement, given how often you see news about how low people's savings are.