<prompt> Human: A survey of 2,003 Americans aged 18 or older by Northwestern Mutual One in five adults have nothing saved for their elder years at all. To get a representative sample, results were weighted to Census targets for education, age and gender, race and ethnicity, region, and household income. 33 percent of Baby Boomers, the generation closest to retirement, have between zero and 25,000 savedThoughts?  <response>: Im in my mid twenties now. I wasnt taught about IRA, 401k, how retirement worked etc. and I finished high school, got an AA degree, and have bachelors. I luckily had a family member that was well educated in this stuff and taught me the basics when I was like 21. I did my own research and learned quite a lot on my own as well. Thanks to this sub-reddit and the internet. It really is scary how people in my age bracket dont know shit about retirement or what a 401k or ira is. I work with a bunch of people in their early 20s who are mostly in school and they know none of this stuff. 