Many Americans, millennials especially, are lagging when it comes to saving for retirement. People arent putting away enough money, said Michael DiCenso, managing director, investment strategies at Mesirow Financial.
Thats why the conversation advisers have with their clients needs to change, DiCenso said Monday at the SPARK Institutes national conference in Washington, D.C. Most people look at retirement as its own issue, however, its connected to all other financial aspects of life like saving for childrens college and medical expenses.