A surprising number of millennials are saving for retirement, and they're making Gen X look bad

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Millennials are more self-reliant when it comes to retirement

A full 45% of millennials have a retirement account and 33% are actively contributing to it, according to an Insider and Morning Consult survey. That's compared to half of Gen Xers who have a retirement account, 36% of whom are actively saving. The data is part of Insider's series,"The State of Our Money," which looks at the financial health of Americans. Read more personal finance coverage. Millennials are lapping Gen Xers when it comes to retirement prep.

A full 45% of millennials have a retirement account and 33% are actively contributing to it, according to an Insider and Morning Consult survey. That's compared to half of Gen Xers who have a retirement account, 36% of whom are actively saving. The data is part of Insider's series,"The State of Our Money," which looks at the financial health of Americans. Read more personal finance coverage. Millennials are lapping Gen Xers when it comes to retirement prep.

Source: Entertainment Trends (entertainmenttrends.net)

 

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