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Millennials started saving earlier than other generations, but they still have less wealth than their parents did at their age

1 month ago   |   By Business Insider

Millennials began saving for retirement in their 20s, whereas previous generations waited until their 30s, according to a new Bank of America report .
But even with that head start, millennials still have less wealth than their parents did at their age.
The Great Recession may have turned millennials into savers, but it also left them financially behind .
Visit Business Insider's homepage for more stories .
Contrary to popular belief, millennials are pretty good at trying to save money.
That's according to Bank of America's latest Better Money Habits report , which found that millennials...
Read more ...

 


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