Saturday, June 8, 2013

Motivate yourself to save for retirement

..............And if the above two reasons do not motivate you to save for retirement, try this: Live on two-thirds of your current income for the next 6 months. Why? You will experience the pain from cutting consumption, a situation you will face in your retired years if you do not save enough today. This experience should drive you to contribute enough to your retirement account ! Saving for your retirement is an important step that you should take to secure your lifestyle when your active income stops. We suggest that you talk with individuals who have retired in the recent past to gather their new experience as retirees. Motivate yourself to save...........

No comments: