401ks

Everybody that has a 401{K} should go read the article linked below from Vox.com.  I thought it was a nice summary of why these vehicles make so much sense.  The chart below should be memorized by everybody under the age of 35 that might decide that they can wait and invest later in life.  I realize that not everybody has the opportunity to do so or invest the same amounts as shown in the chart when they're young, but it is a great illustration of the compounding power of money.

Link:  9 Questions about 401{K}s You Were too Embarrassed to Ask.