In a generation that’s scrambling for employment opportunities, the thought of retirement and end-of-career financial goals is often met with pure silence.
Today, millennials make up 40% of unemployed workers, while Generation X and baby boomers make up 37 percent and 22 percent, respectively. But despite the current financial state of millennials and the struggle to find jobs, it’s never too early to start thinking about retirement goals and plans.
1. Get a financial advisor: All millennials should seek out a financial advisor in order to get a clear idea of how to set financial goals and what steps are needed to meet them. It is also important that millennials also educate themselves so that they can make informed decisions on their budgeting and investments.
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