Young adults may think retirement is a far-off reality, but in truth, it’s never too early to start planning for one’s golden years. Proper preparation takes on greater importance in light of the fact that younger workers will have less access – if at all – to employer-sponsored pensions than their parents and grandparents. Studies have also indicated that Millennials are worried about their ability to fund a comfortable retirement, and many are forgoing a financial plan altogether.
Worry no more, Millennials. There are steps you can take to gain fiscal health that aren’t so daunting, and may not even require the advice of a financial planner.
For those just out of college or 10 or more years into their career, MetLife has devised 10 guidelines to help them patch together a financial plan for now and the future.