Millennials making excuses instead of a retirement plan?

Personal development advisor Larry Winget on why Millennials and all Americans need to create a retirement plan ASAP.

[beastmasaurus]

I'm 26 and I have invested around $2, 000 in a retirement plan. It may not be a lot, but it's a start, and I plan on adding more in time to grow it further.

[dividendincome]

So let’s say inflation goes up 2% per year. Today’s value of 1 million will be worth 80% less ($200, 000) in 40 years.

This is not an exact calculation but it is something that Millennials need to understand. When I was in high school (early 90’s) 1 million would go way further than it does today, so in 40 years it won’t even get you a house. Something that generation needs to think about

[Matt-iysi]

was the bernie look alike walking down the road?? (time 3:30) lol

[julianskinner]

This is what happens when the top 1% get to have most of the wealth.

[eisenjeisen]

The easiest thing to do now is tell them to buy gold and silver for starters, and then tell them the dollars are going to collapse because they are fiat! and you don't have to go to college to learn that, learn it right here for free on the internet.