"For many older millennials—now in their 40s—it's time to play catch-up.
"According to a report by Transamerica Center for Retirement Studies, the median retirement savings for this group sits at $73,000. That's $427,000 less than the $500,000 target most 40-somethings believe they'll need and nowhere near the $1.6 million experts actually recommend. "
What planet is this?
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