For decades, the road to retirement has been laid out for employees in a relatively straight path: Save up and leave the workforce at 65. But millennials are ready to take a detour.
More than half of millennials believe retirement means financial independence, not reaching a set age, according to a new survey by Iralogix, an IRA-solutions provider. Additionally, nearly 17% say they don’t anticipate leaving the workforce fully; rather, they envision having more flexibility in their careers, whether that’s working part-time, starting a business or pursuing a passion project.
