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For one small reason, more Millennials are saving for retirement than you may think.

Aug 03 2017

For one small reason, more Millennials are saving for retirement than you may think. Bank of America Merrill Lynch found 82% of 18-34-year-olds are investing in retirement savings accounts, compared to 77% of Gen X and 75% of Boomers. The surprisingly simple reason why? Auto-enrollment. Since employees have to manually opt out, most don’t—in fact, EBN data shows 97% of auto-enrollees stay on. Millennials are getting a head start on one of their biggest financial priorities—whether they mean to or not. (Time)