Millennials have more than enough financial worries. Now they can add about 2 million more to their list.
Source: Millennials’ new retirement number? $1.8 million (or more!)
We can’t control what others do and we can’t stop misfortune from striking. But we can control our own actions. Those who are financially prudent will most likely enjoy success, even if events don’t always go their way.
QUINNSCOMMENTARY 
The so called money needed for retirement numbers are not even a good guess, in most cases. Sure the money managers want you to invest more in your retirement plans, that way they make more money in fees. No one I know is living large in retirement, most are spending no more than $20,000 on utilities, food, insurance, and transportation. No mortgage, no debt, not even a car payment, that is the secret. I know people who have dumped cable or satellite TV, for cheaper streaming services or just use an outdoor antenna, old school, for free TV. Average savings $720 per year.
People need to be taught money management, many waste hundreds of dollars per month on things they really do not need.
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