A recent study found that the youngest baby boomers worked 12 different jobs over the course of their careers. Did you hear that? Twelve! And younger generations are even more likely to look for greener employment pastures. In fact, almost half (49%) of millennials say they would quit their jobs as soon as possible if they could.
But in the process, many American workers are leaving behind a trail of forgotten 401(k)s, sometimes with thousands of dollars in retirement savings left behind!
There’s even a name for those retirement accounts that are left behind: “orphan” 401(k)s. Here’s how you can breathe new life into old retirement accounts with a 401(k) rollover.
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