We recently had a Retirement Specialist come over to educate employees on a 401k, retirement, and investing in general. I went over to discuss a couple things in regards to rolling over funds from a previous employer, fees, vesting amounts, and other questions. We ended up having a 30 minute discussion about the market trends and different retirement funds since no one was really checking in.
He was taken aback by the knowledge I already had, everything of which I've learned from reading and searching through PF. I think it blew his mind when I told him I was in my mid 20s and he told me how pretty much everyone he spoke to in my age group had no idea what a 401k was or that no one was planning for retirement. He mentioned the average person that actually started contributing to their 401k was usually in their mid 40s, which shook me.
Given that I learned everything on PF and never really spoke to anyone about this, I was somewhat amazed how much knowledge this place actually contains with regards to finances and future retirement planning. It was pretty interesting to see people dumbfounded as to the money you could potentially have at 65 when you start contributing in your 20s versus much later.
If anyone's reading this and hasn't started contributing, please do so immediately. Even a little bit helps!
Submitted February 05, 2019 at 02:05PM by _Path http://bit.ly/2TDF9U1
