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Retirement: Don't Leave Free Money On The Table

Burnitt Bealle enjoys a doughnut at a Krispy Kreme store in Winston-Salem, N.C., Tuesday Jan. 18, 2005. The company announced the retirement Tuesday of president and CEO Scott Livengood. (AP Photo/Chuck Burton)
CHUCK BURTON

This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com.


In this episode of "Editor-At-Large", I practically beg a young worker to use his employer's retirement plan, if only to get the match! Why are people so willing to leave free money on the table?

(CBS)

Jill Schlesinger is the Editor-at-Large for CBS MoneyWatch.com. Prior to the launch of MoneyWatch, she was the Chief Investment Officer for an independent investment advisory firm. In her infancy, she was an options trader on the Commodities Exchange of New York.


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    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.