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millennial

A collection of 2 posts

Millennial renters need to save 50% more than homeowners to retire

Per Global News A new report trying to find out the retirement readiness of Canadians found that millennials that decide to rent for their whole careers would need to save more than those that own homes. It was found that millennial renters needed to save 50% more than their homeowner

Millennial debt reached $4 trillion after increasing by 27% from 2019

CBS News Millennials are now the age group that is responsible for around $4 trillion of the total $16.9 trillion in American debt. The number was a 27% increase compared to millennials' debt in 2019, per Akiko Fujita, a Yahoo Finance reporter, in statements made to CBS News.