cross-posted from: https://lemm.ee/post/10563312
Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.
Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.
5 Comments
yenahmik@lemmy.world · 13 pts · 2y
While I believe Social Security will still exist, I definitely fall into the category of millennial on track for a comfortable retirement.
It's good to see that so many people are saving for retirement, given how often you see news about how low people's savings are.
Coasting0942@reddthat.com · 10 pts · 2y
Don’t worry. The rich will pass tax increases for your savings withdrawals for bailout 2050.
UBWare@lemmy.world · 2 pts · 2y
I would think those who are well off would be in favor of lower taxes though?
hellyeahgococks@fanaticus.social · 2 pts · 2y
What is your age, retirement savings, and target retirement age?
yenahmik@lemmy.world · 3 pts · 2y
Mid-30s, >$425k, ideally 40 but that could change based on if I have kids. I will certainly be more than set by standard retirement age.