| June 3, 2010

New graduates can avoid future debt problems by saving early

Thinking about retirement well in advance can help newly minted college grads enjoy a comfortable retirement when the time comes. A recent survey from TD Ameritrade shows that many of them have taken that lesson on board already.

The survey showed that almost 60 percent of young adults polled said that they planned on increasing their contribution to a retirement plan in the current year, TD Ameritrade said.

The company’s managing director of investment products, Stuart Rubinstein, said that “it’s reassuring to see younger generations prioritizing and taking action when it comes to long-term planning. Starting early is key, keeping in mind they can always cut back if needed. That option can put investors in a much better position, as opposed to starting too late and not being able to make up for lost time.”

The effects of compound interest over a long period of time can make all the difference in building a substantial nest egg, experts say, and can help ensure that today’s workers are well-funded in their retirements down the road.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

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Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

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