(Photo courtesy of the University of Missouri)

Dr. Rui Yao, associate professor of personal financial planning at the University of Missouri.

For most millennials, retirement probably seems really far away. But it’s still important that they are putting money away to pay for it now, right?

Well a new study from researchers at the University of Missouri shows that this isn’t happening.

Dr. Rui Yao found that only 37.2 percent of working millennials have retirement accounts. And that has some serious implications for the future.

The Show's Lauren Gilger spoke with her more about the study and started by asking her about how this generation of millennials compares to others.