Retirement Reimagined: Empowered by Early Savings, Millennials Are Reshaping What It Means to Retire, With an Emphasis on Flexibility and New Experiences

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Apr 19, 2022

Millennials have an evolving vision of retirement, different from previous generations, according to Schwab’s new Retirement Reimagined Study that uses advanced predictive modeling techniques to forecast key differences in how Millennials, Gen X and Boomers will approach saving for and living in retirement. The first of its kind study also projects four distinct retirement personas that Millennials could fall into as many of them transition to retirement around 2050.