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The number one financial worry for Americans is having enough money for retirement — and for good reason.
https://www.pgpf.org/blog/2018/08/three-major-challenges-to-retirement-security
Last year’s tax legislation was a key opportunity to simplify the tax code, but in addition to adding significantly to our national debt, the Tax Cuts and Jobs Act actually increased the number of tax breaks.
The general consensus among economists is that the long-term effects of the TCJA will be higher debt and little change to underlying economic growth.
Today's young adults are more likely to have student debt than their historical peers.
https://www.pgpf.org/chart-archive/0223_millennial_student_debt
Today's young adults face higher student debt burdens than their historical peers, even after adjusting for inflation.
https://www.pgpf.org/chart-archive/0226_millennial_student_debt_burden