What about Retirement?

I know you’re thinking, why the f*#& would I be thinking about retirement? I’m young! That is irrelevant to my life. I can worry about that when I’m like 50 right? No, no, no! Of course, I do agree, a 20 year old should NEVER stress about retirement. It is still a good idea to think ahead. Many of us are  doing many things for the first time, learning to live on our own, and experiencing our youth. This makes it an ideal time to learn something else new. We can learn to set ourselves up for the future. You can finally stop falling victim to your current need to spend your money at the bar, and do something your future self will be proud of.

It is never too early to think about your future. The truth is, the sooner you save, the better off you’ll be when you finally decide you are done working. If you start saving now, you will retire much younger than your friends. And you’ll be happy you did.

While generations of the past could depend on social security as a major source of retirement income, we are the millennials. We aren’t so lucky. There is a great deal of uncertainty when it comes to our social security benefits. The money is leaving our paychecks and we certainly are paying for them. But will we get our full payouts? That is another question, one that nobody at this time can answer.

The early you begin to save, the earlier you can start to adopt better money habits.  Think to yourself, what am I really doing with my two cents? Where is my money going? If I save just a little now, what will that be when the interest starts accumulating. 40 years worth of interest can really make your money grow. The stock market will grow a great deal over 40 years. Don’t miss out on all of that free money! Start saving, right now. Even if it’s just a few bucks out of your paycheck. It all helps. It will only help you to live a stress free life. As you get older, the stress will pile on. I’m sorry, but that’s just the way it is. Do something minor today and it will have a major impact on tomorrow.


Save for retirement.