“34% of Millennials say they’re behind on their retirement savings”
November 1, 2022
“However, a recent Goldman Sachs’ Retirement Survey & Insights Report found that 34% of Millennial respondents report feeling like they’re behind on their retirement savings. The findings are based on responses from 1,566 individuals who responded between July and August 2022.
The last few years have been a time of financial tumult for many individuals. As of April 2020, there were 20.5 million jobs lost as a result of the pandemic [LOCKDOWNS]…”
https://www.cnbc.com/select/millennials-report-being-behind-on-their-retirement-savings/
Any young person that has a 401K should pull their money out. It’s not going to exist when you retire. Also you’d make more if you personally invested in those exact same companies with the exact amount of money. It’s not worth it.