Charles Schwab has launched a new website dedicated to young people in their 20s and 30s to educate them about investing. The website, www.schwab.com/moneyandmore, aims to teach members of generation Y to save, how to invest and the importance of saving for retirement early on.

The website features a list of general questions typically asked by people new to investing, so that they can learn how to save and invest—in either individual securities and/or mutual funds. It also features a “time value of money” calculator on which investors can enter a principal amount of money and see how much they can make by receiving 8% per year.

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