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Millennials Are Better Than Boomers at Saving for Retirement. What Gives.

Por: MarketWatch Business October 07, 2023

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Vanguard projected retirement readiness for three generations: early millennials (ages 37-41); mid-Generation X (49-53); and late baby boomers (61-65). Younger Americans fared better than their elders in Vanguard’s analysis. Millennials at the 50th income percentile (some $42,000) will be able to generate sustainable retirement income equal to 58% of their preretirement earnings. That, of course, still leaves a gap, but it’s eight percentage... + full article



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