Determining a Realistic Retirement Figure for Gen X and Millennials

NEW YORK (MainStreet) — Calculating a realistic figure on how much Gen X-ers and Millennials need to save for their retirement can be an unnerving task.

Many financial advisors recommend saving at least $1 million since life spans are increasing, but even half of that amount appears to be daunting and unattainable for many people who are saddled with both student loans and credit card debt.

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