Millennials' 401(k) Savings Compared to Retirement Goals

Many millennials are actively working to improve their retirement savings, with a focus on catching up on their 401(k) contributions. The article provides insights into the average amounts saved by this generation and offers guidance on assessing individual progress. It aims to help millennials understand where they stand relative to their long-term financial objectives. The information serves as a tool for self-assessment and encourages proactive planning to ensure adequate retirement security.