The average 65 year old has $149,000 saved up for retirement…which is absolutely pitiful. Even if they receive $2,000 a month from Social Security (and I wouldn’t depend on that in the future), their monthly income with a 4% draw from their retirement account is still under $2,500 each month! At this point, I sure hope most of these 65 year-olds don’t have a house payment, otherwise they’re sunk. Based on this simple scenario of the average person, it’s important to recognize the signs you’re not saving enough for retirement.
10 Signs You’re Not Saving Enough For Retirement
You work hard. You earn lots of money. Wouldn’t you like to have some of it when you’re older? Heck, wouldn’t you like to have LOTS of it when you’re older? I think we all do. But, you have to be willing to sacrifice some things today if you want to . . . → Read More: 10 Signs You’re Not Saving Enough for Retirement