A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.


Monday, June 06, 2005

Most Young Workers Don't Save for Later

This article goes along with what I and many other financial bloggers have been saying: Young workers aren't saving for retirement - or anything for that matter.

According to the article, a 2004 survey found that 54% of workers under 30 did not invest in a 401(k)! This is not good news.

Something has to be done to educate young people about personal finance.

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