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Millennials and Retirement: 5 Reasons to Rethink Your Future

The United States will soon fully understand what a millennial workforce means. The generation, which includes present-day adults aged 18 to 33, will make up some 50% of the nation’s employees by 2020, according to the U.S. Bureau of Labor Statistics. And the workforce they’re entering promises a much different retirement from the version their baby-boomer parents are now beginning to enjoy.

As adult millennials get their professional careers fully into gear, they face a post-recession milieu in which student loan debt, fewer matched savings plans, Social Security changes, and fears about the market brought on by the recession all pose challenges to proactive retirement planning.

via Millennials and Retirement: 5 Reasons to Rethink Your Future.

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