Even wealthy millennials who started saving in their 20s think they’ll retire with debt
- Millennials with at least $250,000 to invest today still think they’ll retire with debt, according to a survey by financial-services firm D.A. Davidson.
- It seems many millennials expect to spend down their savings financially supporting adult children and aging parents one day.
- The fact that even affluent millennials expect to stretch themselves financially underscores the severity of the affordability crisis that’s plaguing the generation as a whole.
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Wealthy millennials may be flush with cash, but they’re not naive.
The financial-services firm D.A. Davidson recently conducted a survey of 1,000 American adults with