Millennials Are the Best Of Retirement Savers, But They Still Aren’t Cutting It

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Adults age 25 to 34 are doing the best job of saving for retirement, but even among this group, only about 27% are on track for their goals, according to a recent Ascensus survey. Among those adults on the cusp of retirement (age 55 to 64), fewer than 20% were on track to hit their retirement savings goals, an alarming figure for the generation with the least time to save. People younger than 25 have the most work to do but the most time to do it, with 96% falling short of their retirement goals. 

Source: Google Alert – “how to” financial advisors