For some millennials, the reality of their retirement plans is that they're a fantasy
www.businessinsider.com
New data shows a significant gap with how much millennials expect they need to retire ($1.7 million) and what they've roughly saved so far ($63,000).
  • ampersandrew@lemmy.worldEnglish
    9·
    5 months ago

    If you put your money in index funds, you can expect it to beat inflation by about 7-8% on average, especially over the course of a decades-long working career. It’s usually not worth it to ever look at the non-adjusted projected value.