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Nearly Three-Fourths of Millennials Have Made No Preparation for Retirement
Spectrem Group
July 14, 2013
"[A recent] survey found that almost 70 percent of Millennials have not taken any action to plan or save for retirement. Not that they are completely myopic about their projected source of retirement income. Concerns about the sustainability of Social Security no doubt account for a significantly less proportion of Millennials than Baby Boomers (54 percent vs. 85 percent) counting on Social Security as their primary source of retirement income."
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