Planning for retirement should start now
By Travis Hornsby | Nov. 13, 2011After talking to people in my classes, I find that few know very much about something called a 401(k). How we use it will determine who among us are millionaires at retirement and who will live in poverty. Our grandparents got pensions and worked for the same employer for 30 years. We will be given the option to use one of the most powerful financial tools ever created for retirement, but some will succeed wildly and some will fail miserably. When you go out and get a job after graduation, funding a 401(k) should be near the top of your priority list.