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Skeptical Millennials Shun Stocks, Miss Out on Dow’s Historic Run

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By CCN: Retirement is meant to be spent with family, enjoying life, pursuing passions, and seeking more profound connections with friends and loved ones. Shockingly, three-fourths of Americans are ill-equipped for retirement, with the average American couple having squirreled away roughly $5,000. The general recommendation for retirement at age 65 is around $400,000—only about 80 times more than the average American couple’s savings. Forty-six percent of adults aged 25 to 34, which comprise the millennial generation, are entirely unwilling to invest in stocks, compared to a larger whole group of 34% of all Americans. Maybe if they did, they’d see

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* First published on ccn.com

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