Nir Kaissar is a Bloomberg Gadfly columnist covering the markets. He is the founder of Unison Advisors, an asset management firm. He has worked as a lawyer at Sullivan & Cromwell and a consultant at Ernst & Young.

According to the high-profile consulting firm, McKinsey & Co., millennials will have to work seven years longer or save twice as much in order to live as well in retirement as their parents. But take heart millennials! The following video should make you feel better (if you have a little adventure in your soul as an investor):

Millennials, Don't Worry. You'll Be Able to Retire.

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

To contact the author of this story:
Nir Kaissar in New York at

To contact the editor responsible for this story:
Timothy L. O'Brien at