Millennials and baby boomers are saving — just not for retirement

By Alyssa Place, This is my expertise
Published Updated 3 Min Read

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With COVID forcing many of us to live in the present, it’s no surprise future plans are taking a back seat.

That goes for savings, too: just 5% of millennials and 13% of baby boomers are prioritizing their retirement savings, according to a recent survey by Time2play. Additionally, 44% of millennials and a third of baby boomers have no retirement savings at all.

Alyssa Place
Editor-in-chief

Alyssa Place is the editor-in-chief of Employee Benefit News and has been with the team since 2019. Her work covers mental health, DEI, women at work, financial wellness, retirement and workplace … Read full bio


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