What Parents Need To Focus On When Encouraging Young Adults To Save For Retirement
April 5, 2021 by Jim Poolman
One of the most rewarding feelings in adulthood is earning that first paycheck. It is a mark of pride, the culmination of years of hard work and study, and a great responsibility as young people begin to take ownership of their expenses.
Around this time, 20-somethings are encouraged to put money away for retirement purposes and maximize their employer-sponsored retirement accounts or open an individual retirement account (IRA). But in many cases, saving for retirement might not be a priority for them.