Millennials: Be prepared for volatility in your retirement planning

For those who have lived through the dot-com bubble bursting in 2000 and the housing market crash in 2008, they experienced how those financially challenging times impacted long-term retirement planning strategies. Fast forward to today, and many people are confident in their ability to save for retirement – even as we emerge from an economically difficult pandemic scenario. With millennials being the largest workforce in the U.S., they should also be prepared for future market volatility, even if confidence is currently high today.