You deserve a raise. You also deserve more retirement security.
If you had to choose between the two, and you’re between 18 and 34, odds are you’d trade some of your pay today for greater retirement security in the future, a new survey says.
It seems odd. Aren’t young people loaded down with student loans and plagued by expensive housing? Some 65 percent of millennials surveyed by EY and the Economic Innovation Group said “they did not make enough money to cover expenses or are living paycheck to paycheck.” And aren’t they focused on experiences—and not the experience of living in drudgery while they save all their pennies for old age?
By: Suzanne Woolley, Bloomberg
Read the full article here.