Earlier this week, a new study by Financial Finesse showed that millennials could be derailing their retirement savings goals because of poor investment or financial decisions.

Financial Finesse concluded millennials could be sabotaging their retirement savings goals

A study released earlier this week by Financial Finesse found that Americans’ retirement savings goals preparation depends on the generation they belong to.

Saving for retirement is very important. Millennials have set aside money from their salary in investment for retirement savings goals. Inopportunely, poor investment or financial decisions led to pushing their retirement savings goals.

Financial Finesse studies depend on the Wellness Score. The study affirms that millennials got a Wellness Score of only 4.4. Scores between 3.0 and 4.9 prove that workers could sabotage their savings goals because of poor personal investment and financial skills and require additional information about retirement.

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Millennials can achieve their retirement savings goals

According to Schiffman and Gaiser, Millennials have many opportunities accessible to them to accomplish their retirement-saving goals. All they will do is need to plan and educate more about investments.

Millennials can achieve their retirement savings goal if they are educated more about retirement plans and investing in the stock market.  Millennials must be wise, especially in facing the ups and downs in life.

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