FYI: As soon as Tsering Yangchen, a 25-year-old publicist in Minneapolis, started her first job out of college she signed up for her company’s 401(k) plan, meeting the employer match and contributing 7% of her salary.
When she left that job for a new one, where she wasn’t able to enroll in the 401(k) plan for a year, she took matters into her own hands, signing up for an individual retirement account and making contributions directly from her checking account. It’s been a year, and she’s now signed up for her 401(k) plan too.
Yangchen was inspired to save for retirement after discussions with her boyfriend and his father, both in finance, and exemplifies what most millennials are encouraged to do: just get started.
Regards,
Ted
https://www.marketwatch.com/story/money-milestones-this-is-how-your-finances-should-look-in-your-late-20s-2017-05-16/print
