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A recent article discussing millennials and their views on retirement and investing seem to think that the lottery is a better bet. While some of this may be tongue-in-cheek, at least we hope that’s the case, there’s still major concerns whereby 76% millennials are living paycheck to paycheck, and many others are unable to save due to their debt load(s) and/or do not have retirement plans. This is not looking good and this ties in nicely with episode 55A where we discuss Social Security and Medicare insolvency.
