Investment Updates
When Should Millennials Start Retirement Saving?
Published Saturday, January 10, 2015 at: 7:00 AM EST
This is a true story about Jane X, who graduated from a prestigious university five years ago. She's on her third job, but she's now communications director at a private foundation and finally earning decent money.
Jane's student loans are paid off, and her good salary leaves her some money to invest. However, like many of her millennial friends, she doesn't know a lot about investments or the differences between various retirement plans. But she is thinking about her future and wonders when she should start saving for retirement.
There's a short, simple answer: NOW.
© 2024 Advisor Products Inc. All Rights Reserved.
More articles
- Live Long And Prosper: Roll Out A Stretch IRA
- Did The Devil Make You Do It? 8 Retirement Miscues
- Ponder These 4 Reasons For Roth IRA Conversions
- Ever Considered Helping Your Adult Child Open A Business?
- Want To Get Your Business Noticed By The News Media?
- To Buy Or Not To Buy: That Is The Business Franchise Question
- 4 Of The Main Reasons To Keep Your Bypass Trust
- When To Harvest Gains, When To Harvest Losses
- Drill Down For Three Key Oil And Gas Tax Breaks
- 10 Ways To Skirt A Penalty Tax On Plan Payouts
- Why Give Securities To Charity Instead Of Cash?
- Do You Plan To Move Your Business To A New State?
- Locked Out Of A Roth IRA? Go In Through Back Door
- 7 Retirement Hurdles You May Be Forced To Overcome
- 5 Tips That Can Help Get Your Kids Into College