September 19, 2014 — What do 20somethings need to know about saving for retirement?
A lot, insists CFP Michael Egan, a founding partner at the Norhtern VA financial services firm Egan, Berger & Weiner, LLC.
In this interview with News Channel 8 reporter Sonya Gavankar, Egan explains:
1. As a young person in there 20s and 30s, what are the most common financial planning mistakes?
2. What should the savings priorities be of someone in their 20s?
3. What is a good savings rate for retirement if you are young?
4. Top three tips for young people on getting their financial house in order.