Sunday, April 16, 2017

Americans are putting off retirement

Putting it off

No surprise here.   Cost of items like cars, homes, and education are up while wages are stagnant.  In terms of inflation adjusted dollars most have fallen behind.

What this means is that you should reduce your expectations if you hope to retire.

Think trailer instead of beachfront condo.

Think USA travel instead of world travel.

Think eating in rather than eating out.

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