Millennial Retirement Savings: A Closer Look
Update: 2025-12-05
Description
Millennials Retirement Savings: A Mixed Bag - Fidelity reports an average of $67,300 in 401(k) balances for millennials, with a contribution rate of 8.7%. Transamerica puts the median at $65,000. Despite economic challenges, theres still time to catch up with strategies like maximizing employer matches and gradually increasing contributions.
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