AllFinancialMatters

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.

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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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