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Trying Not To Die Broke: Saving For Retirement Before You Hit 40

Flickr Photo/Volker Neumann

A new study by the National Institute on Retirement Security found that people under 40 are more anxious than ever about their retirement. With Social Security benefits dwindling and pension plans becoming more and more scarce, many experts say planning early is more critical than ever. But for many under 40, rent, student loans or cars are far more pressing financial matters. So, how do you start? Ross Reynolds talks with National Institute on Retirement Security Executive Director Diane Oakley about the most recent trends in retirement, and gets advice on how and what to save from certified financial planner, Mindy Crary.