72% of millennials have between $0 and $9,999 invested for their retirement so far. Why is this a potential problem?

We're always up for a good laugh, but, seriously, refrain from posting silly or answers. keep the quality of high by following the rules and posting thoughtful answers.

For review 1. in terms of which government is sovereign, differentiate among a unitary system, a confed- eral system, and a federal system of government. 2. to which level of government does the constitution distribute the enumerated po implied powers? concurrent powers? reserved powers? provide several power. 3. what matters fall within the scope of state sovereignty? differentiate among dual federalism, cooperative federalism, centralized federalism, and conflicted federalism. how does the national government use grants-in-aid, mandates, and preemption to direct the policy of state and local governments? 6. what do we mean by intergovernmental relations? why is the term a good description of u.s. federalism today? 7. list several advantages and several disadvantages of a federal system.

Which is the best investment option for a person who wants to make a long-term,tax-free investment? a.traditional ira b.roth ira c.401(k) d.money market account