Tag: marriage patterns of millennials
The release of the Federal Reserve’s 2022 Survey of Consumer Finances offers a chance to catch up on the retirement saving of Millennials – those born during 1981-1999. This group, despite being more educated than earlier cohorts, faced early challenges, as many left school with large student loans and began their careers…
Picture was improving, but Millennials still far behind earlier cohorts in saving for retirement. The Federal Reserve’s 2019 Survey of Consumer Finances (SCF) offers an opportunity to reassess the outlook for Millennials just prior to the pandemic. Millennials – defined here as those born during 1981-99 – are unique in several ways. They are t…