"Millennials Struggle to Pinpoint Retirement Savings Goal"

Many millennials are struggling to save enough for retirement, with the average millennial expecting to need $1.7 million but having only saved around $63,000 so far. Factors such as student debt, housing affordability, and uncertain Social Security benefits complicate their financial planning. Experts recommend starting to save early, maximizing contributions to retirement accounts, and maintaining a diversified investment portfolio. Despite these challenges, some millennials are optimistic about their retirement prospects, while others may need to work longer than anticipated.