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.
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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.
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Don’t worry. The rich will pass tax increases for your savings withdrawals for bailout 2050.
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