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[quote=Anonymous][quote=Anonymous]I'm in my 20s and am pretty shocked. [b]Doesn't everyone contribute at least the amount that will be matched into their 401k?? [/b] And on the car loan thing, why is it so damn easy to get a car loan??? For a mortgage they give you a HUGE runaround and only let you spend up to 30% of your income. Car loans should at least have a ceiling percentage of income too. I have so many friends who are living paycheck to paycheck because their rent + car loan becomes too much. [/quote] No. My sister and her husband are saving nothing and figuring they'll just use his inheritance (when his parents die, a long time from now) to retire on. I am not kidding. My sister claims they "can't afford" 401ks (and have her SAH and drive 2 new cars, big nice house, etc.)[/quote]
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