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How Millennials Can Get a Jump-Start on Retirement Planning

February 5, 2016 Leave a Comment

More than 50% of those ages 18 to 34 have less than $1,000 in savings and 62% of all Americans have less than $1,000 saved. No doubt the Millennial generation is falling behind. However, with a long investing horizon, they can get their saving into shape. USA Today points out 7 ways Millennials can get a jump-start on retirement planning:

  1. Pay yourself first
  2. Put your money to work
  3. Get every penny of your 401(k) match
  4. Consider a Roth IRA
  5. Keep investments simple
  6. Think beyond savings
  7. Be wary of advice from peers or parents

(usatoday.com)

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