Are you concerned that you're not
saving enough for retirement?
We've heard all comments about spending
too much on our daily latte, but what if you actually
gave it up?
Let's say you place your daily coffee money in an account that
earned a hypothetical 5% return. After 30
long, uncaffeinated years, you might accumulate a tidy sum,
but likely not enough to retire on.
Let's get real.
Instead of worrying about lattes,
here's some lifestyle choices that can really make an impact.
Consider the housing market in your area.
With housing costs consuming
so much of the typical budget, managing your mortgage debt
and expenses by rightsizing your home
can make a real difference.
Think about your work-life balance.
Could you work remotely?
What's possible for you?
How might it affect your expenses?
Would nixing your commute
help you to set aside more for your goals?
Take advantage of all opportunities.
Are you making the most of your workplace retirement fund?
Do you invest beyond that?
A conversation with a financial professional
might help you enjoy your life "a latte" more, even
while you save for the future.