Why aren’t we saving more money for retirement? According to a recent poll, nearly 35% of American workers have nothing saved for their golden years. The national savings rate is up, but why aren’t workers applying those savings to retirement plans? Here are some of the excuses we typically offer up to explain why we don’t save more for post-work life — and some rebuffs.
“I live paycheck to paycheck and can’t afford to put anything away.” While it’s a sympathetic excuse, plenty of us are living paycheck to paycheck precisely because we’re not managing our money right — Continue Reading »