Why should someone in their 20s worry about retirement? Retirement is probably 40 years away, twice as long as you have been alive. There is plenty of time to save for the golden years.
That is the thought process of most young adults. Plus it is more fun hitting happy hour after work on Friday than investing in a mutual fund or stock that will probably fall in value anyway.
I get it. Does not mean I agree, but I understand how most people think.
However, I still urge young investors to save a little upon starting out in the work world. (more…)