When Keith Farner was 14, he made $2,000 at a summer job. Instead of buying the Xbox he’d been wanting, his parents helped him open a Roth IRA. The 30-year-old, who lives in Athens, Ga., now has more than $30,000 saved.
While Farner may have gotten an earlier start on retirement than most, a new study out Monday from Merrill Edge shows that Gen Y, defined by the study as those 18-34, is starting to save for retirement earlier than any other generation.
Read the full article at USA Today.