Tag: Do Millennials really deserve a “gold star” for retirement saving?
![group of elegant people enjoying Christmas party in smoky night club with glitter falling overhead](https://crr.bc.edu/wp-content/uploads/2020/02/group-of-elegant-people-enjoying-Christmas-party-in-smoky-night-club-with-glitter-falling-overhead-1536x1024.jpeg)
Is $6,933 the new goal for 22-37-year-olds? A recent New York Times op-ed argued that the Millennial generation, contrary to popular reports, “gets a gold star for retirement preparedness.” This argument was based on comparing 401(k) holdings at ages 22-37 of $6,933 for Millennials to $3,970 for Gen Xers. I would be delighted if…