At the time, it seemed pretty pointless.
“Wouldn’t that money be better spent on things I need NOW, like utilities, rent, groceries, sushi, chocolate, wine, Egyptian cotton sheets with a 1500 thread count and similar high priorities?” I thought.
Turns out, I could afford all those things in moderation and still save for retirement. (Although I still sleep on really crappy sheets, but what can you do?)
All that saving is putting me ahead of the game.
According to a PNC Bank survey, almost of half of Americans in their prime retirement planning years believe they will need to work longer than previously planned in order to save enough to retire. Continue reading