You'll Never Guess What Age Group Is Most Likely to Have Set Specific Retirement Goals

Christy Bieber, The Motley Fool
You'll Never Guess What Age Group Is Most Likely to Have Set Specific Retirement Goals

The first key step to saving for retirement is to set a goal, but surprisingly few people have actually done that. According to recent data from J.D. Power, 51% of millennials have set specific retirement savings goals, while just 44% of baby boomers or GenXers have done the same. This is surprising considering that many members of the older generations are already in or nearing retirement, while even the oldest millennials are close to 30 years away from leaving the workforce.