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Job-hopping millennials are losing big on retirement savings Twenty-five percent of workers lost a substantial amount of retirement savings last year because they resigned from their jobs and forfeited employer contributions to their 401(k) plans, according to an analysis by Fidelity. These workers had an average of $1,710 in the plan after they left, with 37% of millennials leaving behind 24% of their account balance when they resigned. This is because millennials stayed with an employer for a shorter period compared with their older counterparts, the analysis finds. --CNN Money
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