NEW YORK (MainStreet) -- Edward Zeamek works two jobs and is searching for a third to pay expenses. "It's what's got to be done to make it in the world today," said Zeamek, who works as a teacher and fireman. "My next job will be bartending or working at a gym."
In light of this struggle, the 32-year-old is disappointed with his retirement prospects: Even though he owns a car and has access to a pension through his job as a teacher in New Jersey, Zeamek doesn't have much confidence funds will be there when he reaches 75 years old.
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That uncertainty regarding the future is driving more Millennials to investigate a My Retirement Account (myRA), the pension account President Obama introduced during last year's State of the Union. A full 78% of Millennials would enroll in a myRA if eligible, according to a recent BlackRock survey.