Young People Not Saving For Retirement

It appears most young people today are NOT saving for reitrement, and of those who are, most invest their money the wrong way (ie in bonds instead of stocks).

- Anne began saving at age 40 and invested in bonds.She has $118,000 at age 65
- Barbara began saving at age 40 and invested in stocks.She has $240,000 at age 65.
- Carol began saving at age 20 and invested in bonds.She has $265,000 at age 65
- Diane began saving at age 20 and invested in stocks.She has $1,128,000 at age 65

See the full article here: http://www.ricedelman.com/planning/kidsncash/generationY.asp