Millennials' new retirement number? $1.8 million (or more!)

Millennials have more than enough financial worries. Now they can add about 2 million more to their list. That's how much many might need to save to retire.

Older Millennials — those born in the early 1980s — will need about $1.8 million salted away to maintain their standard of living in retirement while younger Millennials — those born in the late 1990s — will need upwards of $2.5 million, according to various studies, estimates and experts.

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Damian Sylvia

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755