WalletPop's Lan Nguyen chats with Frank Armstrong -- founder of Investors Solutions and author of several books including "Save Your Retirement" (FT Press) -- on what Gen Xers and Gen Yers need to do to have a happy retirement.
Open a 401(k), but only if your company matches and the cost isn't too high. Otherwise, open your own 401(k) or IRA. Most importantly, pay down credit card debt and "rights-size" your life.
Introduction to Retirement Funds
Target date funds help you maintain a long term portfolio.View Course »