Millennials and Retirement: A Growing Concern

Millennials and Retirement: A Growing Concern Financial security in retirement is a significant concern for millennials across the United States. The rising cost of living and uncertainties surrounding Social Security are fueling anxieties about the future. This concern is highlighted in a recent video by a stay-at-home mom, Phyllis, who discusses the topic with her husband. "My husband and I were having this conversation...by the time we get to retire, the retirement age now to get Social Security and Medicare is 67. I wonder what it'll be when we are ready to retire," Phyllis shares in her video. Phyllis's concerns reflect a growing sentiment among millennials. Many feel that relying solely on Social Security will be insufficient to meet their retirement needs. The video sparks a discussion about personal responsibility in retirement planning and the need for proactive financial strategies. The conversation underscores the importance of open dialogue about financial planning and the need for comprehensive retirement solutions.