Pursuits
End of Golden Era for Investors Spells Troubles for Millennials
- McKinsey study sees much lower returns in the future
- 30-year-olds may need to save almost twice as much to make do
The Golden Era for Investing Could Be Ending
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Turning 30 just got a lot scarier.
A coming collapse in investment returns means that people that age today will have to work seven years longer or save almost twice as much to end up with the same nest egg as those of roughly a generation ago.