The 4 Most Common Retirement Mistakes Millennials Make with Money

It might not come as news that we Millennials receive little respect for our financial skills. Having grown up in an era where the focus regularly fell on protecting individuals' self-esteem (e.g., participation trophies), I can attest we often received reminders about our uniqueness and why we should always follow our passions.

Those constant reminders to follow our dreams usually came at the expense of receiving prudent financial advice, which often fell to the wayside as it might interfere with pursuing whatever made us happiest. Understandably, the goal of setting aside 25% of each paycheck never received the same fanfare as building the next billion-dollar smartphone app or disrupting some stodgy industry.

While following your loftiest goals certainly serves as a laudable notion, after a decade more or less in the workforce, some Millennials feel more like Wile E. Coyote