Note to Millennials: 5 Tips to Help You on the Road to Retirement
by Craig Hawley, Head of Nationwide's Annuity Distribution, Nationwide
Apr 10, 2020
3 minutes
When it comes to retirement, Millennials have a lot on their minds. You might be surprised that Millennials say saving for retirement is their No. 2 financial concern -- tied with the rising cost of health care -- according to our most recent Advisor Authority study.
Coming of age and entering the workforce during the Crash of 2008, the Great Recession and years of unrelenting stock market volatility hasn't done much to boost Millennials' confidence. The recent uncertainty stemming from the global coronavirus/COVID-19 pandemic has further complicated their challenges. There are greater strains on financial markets, investments and retirement saving accounts.
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