In an attempt to encourage Americans to save for retirement, Congress is inviting all of us to celebrate National Save For Retirement Week. More than 20 percent of workers admit they don't have any kind of retirement savings and Congress wants to use this week to reinforce the importance of saving early.
Saving for retirement has always been a core issue of personal finance and right now it's more visible than ever, but not because of a special week created by Congress. Panicked Americans have been withdrawing their retirement savings and taking the tax penalties because they fear losing everything, and while the market is a central concern for older workers, younger savers should remember to stay the course in putting money aside for their retirement.
Shiseido
Suss
Decleor
They really needed to make a week for that? Wow.
1Whatever - What they need to do it stop taking 6.20% for my check for SS (which won't be around for me to get) and let me put that towards my 401K which matches 100% up to the first 4%.
2i think that educating younger adults about how to save for retirement is a really smart thing. i kind of wish that i thought about it when i was RIGHT out of college because i know that i would have even more of a nest egg by now.
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