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Monday, January 08, 2007

71% Wish They Would Have Saved in First Job

The article Boomers short on saving echos a familiar story. People nearing retirement are finding they didn’t save enough. It does include some new real information though in the form of a new survey.

A recent national survey by Thrivent Financial for Lutherans in Appleton found that 59 percent of people between 45 and 64 years old have done no formal retirement planning and 71 percent wish they had started saving as soon as they landed their first full-time job.

If you know a young person just starting his or her first full-time job, it might be worth passing that little piece of the article on to them. Read the full article here.

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