Inequality

To retire at 65, American millennials need to save almost half their paycheck

Elderly people sit in the Jardin des Tuileries in Paris, France, October 12, 2018.   REUTERS/Charles Platiau - RC1C88B45450

Millennials should save 40% of their income if they want to retire comfortably at 65, or they risk financial hardship. Image: REUTERS/Charles Platiau

Sean Fleming
Senior Writer, Formative Content
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Personal savings rates in the United States, 1960-2018 Image: Statista
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