Tag: Do Millennials really deserve a “gold star” for retirement saving?
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 Millennials were doing well in terms of…