The Good Men Project, a unique website for men which receives more than one-and-a-half million unique visitors per month, recently published Mark Henry’s message to millennials about Social Security.
“Millennials face unique concerns for saving for retirement,” says Mark Henry, estate planner, investment advisor and founder/CEO of Alloy Wealth Management in Charlotte, North Carolina. “Previous generations could rely on company pension plans, which are declining in number. Meanwhile Social Security is experiencing deficits that threaten its future existence. Millennials are going to have to get creative and tailor their financial habits and plans accordingly, in order to provide themselves with a financial foundation they otherwise might not have in the future.”
Eighty percent of millennial workers say they’re worried Social Security won’t be there for them, according to a 2017 study by the Transamerica Center for Retirement Studies, which counts millennials as those born from 1979 to 2000.
Read the entire article here: Worried About Social Security, Millennials Must Get Creative