Retirement Planning for 20-Somethings:
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Don't Fall Into the 'Playing It Safe' Trap
By JEFF D. OPDYKE
November 15, 2006; Page D1
If you're in your 20s, you could be missing out on what may be your best chance to kick-start your nest egg.
With so many 20-somethings burdened by college debt, buying houses, starting families and generous spending habits, it's something of a marvel that they are contributing to their 401(k) accounts at all -- but, by and large, they are.
The problem is, many of them don't put much thought into where they're investing their money. You're not going to build much of a nest egg with your money stuffed into low-yielding bond and money-market mutual funds, which is where too much of it sits.
A recent Fidelity Investments study of nine million 401(k) participants found that 16% of workers in their 20s have no money in stocks. Separately, many have all of their money in just one investment, and of those nearly 40% have all their......

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Title: Mutual Funts
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