Teens & 401K: Oh crap, this doesn’t look good!

According to AJC.com, 1 in 3 teenagers today won’t have 401(k) money when they retire. That means there won’t be any money to live on once we stop working in the future.

Businesses offer 401(k) plans as an opportunity for people to save money for retirement.

Pensions like this are being cut back more and more every year. I don’t want to be a starving old man. And with the vagueness of whether we will have Social Security when we’re older, we have to vote and make sure the government will put some of our tax dollars towards taking care of us, and not only paying for war.

Retirement may seem like a long way for teens, but if we really think about it, it’s never too soon to start planning or saving.

- Seth|VOX Staff