Are millennials destined to live longer and retire poorer than their parents?

Angela Antonelli
Are millennials destined to live longer and retire poorer than their parents?

The latest research paints a grim picture of what retirement could look like for millennials — and we should all be concerned. In the developed world, no country has a higher concentration of millennials than the United States. Millennials earn less annually on average ($40,500) than similarly aged individuals just a decade ago ($43,300).