Friday, May 4, 2018

New college graduates need to start saving right away | KOMO

New college graduates need to start saving right away | KOMO: Whether by choice or necessity, Americans have been staying in the workforce longer. For the past 20 years or so, changes in Social Security benefits and the overall economy have forced or encouraged people to retire later.

Graduates of the Class of 2018 may have to delay retirement even longer, according to a new report from NerdWallet. The report concludes that this year’s college graduates

could “comfortably retire” by the age of 72, with careful budgeting and relatively modest retirement savings.

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