Economic and Political Insights

Economic and Political Insights

Personal Finance & Investing

Younger workers need to prioritize debt reduction over saving for retirement

David Bernstein's avatar
David Bernstein
Jun 16, 2025
∙ Paid

According to this Nerd Wallet article most financial advisors say it is better to contribute some money to your company’s 401(k) plan. This is bad advice for most young adults who are entering the workforce with a substantial amount of student debt.

Most students with substantial student debt should reduce or forego retirement savings until their debt le…

User's avatar

Continue reading this post for free, courtesy of David Bernstein.

Or purchase a paid subscription.
© 2026 David Bernstein · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture