
Millennials May Retire Richer Than Their Parents

Who Will Retire Better? Money Magazine says, " Millennials are really good at saving money - especially if they have kids. In fact, US millennial parents are on tract to be richer in retirement than the typical Gen-Xer or baby boomer with kids. That's according to a new NerdWallet study, which found employed millennial parents (aged 18 to 34) are contributing a median of 10% of their income to retirement savings. Generation X (aged 35 to 54) is saving 8% of their income and working … Continue reading...