The idea of working till old age, or till the grim reaper comes to collect, doesn’t appeal to many people nowadays. However, studies show that most millennials might not be able to retire till the age of 70 and upwards.
Millennials, who are today’s young adults, are building wealth at a much slower rate than previous generations. They entered the labour market during a tough economic time, and they have more difficulty finding quality jobs which offer stability and benefits such as retirement plans and health insurance.