U.S. News & World Report – There are plenty of excuses we make for not saving for retirement. Perhaps we are putting off funding a retirement account until we get a raise, get out of debt, or start a college fund for our children. But while these justifications might seem reasonable at the time, they can seriously jeopardize your ability to retire comfortably. Here’s how to overcome seven common excuses for not saving for retirement:
U.S. News & World Report – When you first get started managing your personal finances, many people are faced with an intimidating to-do list. You need to make a budget, create an emergency fund, reduce debt, get insurance, buy a house, invest, save for retirement, and save for your children’s college costs. It’s hard to know where to start. Oftentimes people give up or get stuck deciding between these big goals. One especially tricky choice is deciding between retirement savings or debt reduction. Should you delay your retirement savings until your debts are paid off?
Posted February 4th, 2011. Add a comment
