FYI: You think you are facing a retirement finance crisis?
Consider the millennial generation, those born between 1981 and 1996. Starting this year they became the largest living generation in the U.S.
Compared with their dismal retirement finance prospects, those currently in or close to retirement would seem to be living on Easy Street.
At least that is the depressing conclusion I draw from recent research into the situation millennials will likely face when they begin to retire around 2050.
Regards,
Ted
https://www.marketwatch.com/story/millennials-are-the-new-face-of-the-retirement-crisis-2019-08-19/print