Millennials are outpacing other age groups when it comes to saving for retirement, with younger millennials saving the most.
That’s according to a report from Bankrate.com, which says that even though 23 percent of working Americans increased retirement savings contributions this year, compared with 2016—the highest reading in six years of polling—another 16 percent say they’ve cut their contributions instead.
And 5 percent aren’t saving at all.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
