Broke Millennial author sends passionate message on 401(k) urgency
The personal finance author shares important words on retirement money.
Millennials confront mounting financial obstacles that threaten their ability to retire comfortably one day in the future.
With rising costs, stagnant wages, and shifting employment trends, many in this generation struggle to build sufficient savings through traditional retirement plans such as 401(k)s and IRAs (Individual Retirement Accounts).
Erin Lowry, author of the Broke Millennial series of personal finance books, urges her generational cohort to get started contributing to employer-sponsored 401(k) plans and tax-advantaged IRAs as soon as possible.
