The Case for Personal Financial Education in Schools: Part 5

August 16, 2016

Millennials are at the start of their work lives, yet they are already tapping into their retirement accounts - if they've even started one: 

 

• Only 36% have a retirement account

• 17% with an account took a loan in the past 12 months

• 14% took a hardship withdrawal in the past 12 months

 

Millennials are sacrificing their retirement accounts, and this trend is especially worrying because it can compromise long term financial security.

 

 

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