According to the survey, 35% of millennials who think they're worse off financially than they had expected to be don't have aRetirement savings aren't faring any better for this group. Thirty-seven percent don't save for retirement at all, and 30% save 10% or less a month, according to the survey.
Dorsey said that older millennials, some of whom have decided they won't ever be able to retire, need to play catch-up with their finances if they want to stop working someday.The burden of student loan debt, which totaled nearly $1.5 trillion in 2018 , doesn't make saving any easier. Of millennials who think they're worse off financially, 33% are still paying off student loans; 23% previously paid them off.
Source: Education Headlines (educationheadlines.net)
That's what happens when you have unreasonable expectation, parents who don't ever tell you you can't always insist on 'doing what makes you happy' all the time, and thinking that blind ambition pays bills.
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