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What Millennials Need to Know About Retirement

Retirement. Seems like it’s lifetimes away. And in some regards, it is.

I’ve heard that the average American has three completely different careers in their life. If you’re in your twenties or early thirties, you may very well still be on your first career. There’s so much yet to come!

Saving for retirement starts now, though. If you want your hopes and dreams for retirement to come true, it pays to think about it sooner rather than later.

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Why You Should be Saving Right Now

When you were a little kid, was there an age where you were like “Man, that person is __? They’re definitely a real grown up. They understand taxes and know how to put on eyeliner.” For me there was, and that age was 25. I felt like 25 was the height of sophistication. You were old enough to live by yourself, drink, vote, have a job and a boyfriend…it was when your life really began.

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Use the Force: The Power of Compound Interest [Infographic]

Wouldn’t it be cool if you had command over your money like a Jedi over the Force? Well, you do. It’s compound interest, what Einstein (supposedly) called “the most powerful force in the universe” – an unseen presence that makes money grow.  The power of compound interest can take an investment of $10,000 and multiply it to $100,000 with nothing more than the passage of time. Continue reading

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