Starting a retirement plan takes a dose of determination and a bit of strategy.
"Managing a 401(k) can be intimidating for young people who have little-to-no investing experience," said Catherine Golladay, vice president of participant services and administration at Schwab Retirement Plan Services.
Add to that volatile market conditions and it's no wonder many first-time workers are feeling lost.
In fact, 75 percent of millennials say they would like help managing their 401(k), yet just 7 percent are receiving any, according to a recent survey by Schwab. Altogether, about half said that they don't know what their best investment options are.
To that end, here's advice from the pros on kicking off your 401(k) plan the right way.