(Bloomberg) -- Chad Gentry would rather bet on his own ability to save for the next 40 years than on the U.S. Social Security Administrations solvency, so enrollment in his employers 401(k) plan was a no-brainer.
I wanted to take advantage of that to help build retirement from the start, said the 24-year-old, who has worked as an accountant at Fleet Feet Sports in Carrboro, North Carolina, for three years. Ive gone in with the mindset from day 1 to not plan on getting any Social Security.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access