Many baby boomers are concerned as they near retirement but ironically not about themselves; rather their millennial children.  Retirement is a long way off for millennials and their future financial security will depend on their future savings patterns, financial market returns and, particularly, how long they work.  This chart shows you the benefits of working longer.  Working longer is a powerful lever…especially for those millennials.

Source:  Politico

Tracy L. Sherwood, CFP®

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