Younger Workers Eye Short-Term Financial Goals

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When it comes to setting financial goals, younger employees are less focused on retirement and more concerned about meeting day-to-day expenses, and that should concern employers, according to a recent study by accounting firm PwC.

About one-third of millennial and Gen X employees have withdrawn money from their retirement plans and about half think it’s likely they will need to do so in the future.

A growing number of millennial and Generation X employees are withdrawing money from their retirement plans, leaving them vulnerable at a time when defined benefit plans are disappearing and health care costs are soaring, according

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