Instead of looking to the end of their careers, millennials are saving for goals in the near future. Many of their parents, on the other hand, haven't started saving at all. In fact, 1 in 5 people have nothing saved for retirement.
We look at the common myths with savings options and what steps millennials can take to begin saving.
Get a deeper understanding of the stories that matter with Newsy's "The Why" — weekdays 7-9 p.m. ET.