Millennials are on track for better retirement than boomers, Vanguard study finds

Published 5 Min Read

Adobe Stock/BullRunThough baby boomers are currently wealthier, millennials are on course to have more comfortable retirements, a Vanguard study found.

Much has been written about the wealth gap between baby boomers and millennials, with the younger generation on the losing end. But in the long run, millennials may retire in more comfort than their elders.

That’s according to a recent study from Vanguard, which found that for the most part, Americans born in the 1980s and early ’90s “enjoy a brighter retirement outlook than boomers.” 

Nathan Place
National Reporter

Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he … Read full bio


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