Article asserts interest rates could stay low for a very long time – requiring millennials to save twice what boomers had to (20% vs. 10%). This is being driven by there being more savers than borrowers. What we don’t see mentioned is government borrowing trends – which seem to indicate prolonged high levels.
Millennials will have to save twice what Boomers saved for retirement
by Admin | Nov 20, 2020 | Financial Independence | 0 comments