Study On Millennial Parents
Millennial parents appear to have their sites set on a more than comfortable retirement.
A new NerdWallet study shows US millennial parents are currently on track to be richer in retirement than the typical Gen-X-er or baby boomer with kids.
The key word here is parents, meaning that millennial parents are the ones who are being safe and smart when it comes to saving money. So, perhaps not all millenials are so bad, huh?
The study found that millennial parents aged 18-34 are contributing an average of 10% of their income towards retirement.