Sunday, October 4, 2009

Tips for young investors who hope to retire some day

By Alma Zhumagulova

If you've ever calculated how much you'll need for retirement, you know the number can be big.

So it's no surprise that with stocks still down some 30 percent from their peak in 2007, few people are confident about their savings.

Even Social Security is feeling the strain: With more people out of work, the program is on track to pay out more in benefits than it collects in 2010 and 2011, according to reports last week.

What's a young investor to do?

Click here to read more

2 comments:

  1. This article is pretty interesting....most people do not even know how much to save for retirement.

    Jameel

    ReplyDelete
  2. actually, people don not get enough information about these financial concepts.
    Shawn Gao

    ReplyDelete