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Here Balancing act for millennials It's hard for millennials to
think about retirement when they're in debt. But it's crazy not
to save, say experts. Securing retirement  How to balance debt
and invest for retirement  Who could say no to free money?
Generation Y. Fewer than one-third of all eligible workers
between the ages of 18 and 25 participate in their company's
retirement plan, according to a survey by human resources
research firm Hewitt Associates. They're losing free, steadily
increasing funds from employer-matched contributions.  It's not
hard to see why retirement savings has taken a back seat to
other obligations. In the past decade, the average level of debt
for a graduating college senior has more than doubled. Student
loan debt tops $20,000 for 2008 graduates, who also carry an
average credit card balance of more than $3,200, according to
The Project on Student Debt, a Washington, D.C.-based nonprofit
organization.  Nicholas Areta