Millennials: The Power of Compounding for Retirement

Millennials retirement savings: Despite average balances of around $42,640 and medians of $16,255 for those aged 25-34, theres hope. With time, consistent contributions, and smart strategies like increasing contributions, avoiding early withdrawals, and diversifying investments, many millennials could become millionaires by retirement.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.