“Millennials and retirement: How bad is it?,” by Alicia H. Munnell, Politico

“Concern about the financial health of America’s younger generations is growing—especially millennials, a demographic boom that came of age in an environment of unstable work and record levels of student debt. Experts worry that millennials are falling so far behind previous generations that their retirement may be at risk. My research suggests that those concerns are real, and millennials really are building wealth more slowly than the other working generations. But they are not insurmountable—as long as millennials are willing and able to work longer than their parents and grandparents did.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

It’s not just their own retirement that millennials have to pay for. They’re also on the for the boomers’ unfunded entitlement liabilities.

Millennials and retirement: How bad is it?

#millennials
#goldencareagent