Sunday, September 14, 2014

Millennials and finances

From Deseret News:
Millennials may have their elders beat on the computer, but they have a few things to learn about finances.

Some data on those elders:
In the 2013 Retirement Confidence Survey conducted by the Employee Benefit Research Institute (EBRI), workers aged 55 and older said the following about their retirement savings:
  • 60% have less than $100,000 in retirement savings
  • 43% have saved less than $25,000
  • 36% have saved less than $10,000


1 comment:

  1. More data on those elders:
    http://www.ft.com/cms/s/0/4286c950-456a-11e4-9b71-00144feabdc0.html

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