Bridging the gap between saving money and investing
Many people carry around a money secret that they don’t feel they can tell anyone. I have been gathering people’s money confessions for a few months and sharing them here to give people a glimpse at some of the money issues people deal with privately. This is confession number 33 in the series:
Other confession already listed:
This confession photo courtesy of mandj98
Join the fray by commenting, tracking what others have to say, or linking to it from your blog.
Common “I don’t have much saved away for retirement” things I’ve heard from friends, mostly in their 40s or 50s:
- I didn’t think I would live that long
- I’ll live off Social Security
- I’ll eventually start saving but I’ve got bills to pay
- Had to cash it in
Having said that, there is a substantial amount of people that *are* having to dig deeply into their 401(k) accounts, due to unemployment. Pundits and know-it-alls will advise against that, of course, but it’s a reality.
|
|
[...] Retirement Savings [...]