“You spent our savings on a jacuzzi?”
“We’re going to have to downsize our lifestyle?”
“I’ll kill you first.”
Those thoughts and others (some less dramatic) went through my head after reading that “nearly 30 per cent of Canadians nearing retirement are less than confident the money they’ve socked away for when they leave the workforce will help maintain their standard of living.” [Link to article]
I love retirement and I want others to love retirement too so I’m going to take a few moments and politely share a few opinions related to the subject.
(I bet you never saw that coming, eh?)
[“Open a savings account!”: Photo link]
No matter what your age, open a savings account.
Start putting money away for the future even if you don’t think you have one.
How much money?
Five bucks per week. Maybe ten. Whatever you can afford, no matter how little.
The important thing is to develop the habit of putting something away for the long winter ahead. Even if you’re not a squirrel.
Downsize your things or belongings rather than your savings while you’re young. Live small.
And forget the jacuzzi idea right now.
Other thoughts?
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