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Once upon a time, Steve realized he was 25 years oldand had no money saved up for retirement. He hadspent all his money on vacations.
He yelled "I AM SCREWED!" while falling to his knees,and an old couple that was enjoying a view of thebeach decided to see what was going on.
"Hi!" Said Sherry, "We noticed you seem upset. Iseverything okay?" "No. I am worried I don't have enough money saved up for my retirement!"
"Oh boy! Ever heard of a 401(k) plan? It is aretirement savings account that allows you to setapart a portion of your salary into long-terminvestments." Said Ricky, Sherry's husband.
"There might be a solution after all! Thank you somuch I will start investing in a 401(k) NOW!"Said Steve."No problem. This is why we are currently happy andretired with no worries!"
*Steve 40 years later* "Oh, I am so glad I prepared for retirement with L.I.F.E! Not only is my future secured, but I am living well."
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