Keep Saving for Retirement
Speaking of retirement, don’t forget to keep saving.
If you’ve got a late start then you’ll definitely feel it when you grow older. That’s why the best time to save up is now, whatever means necessary. Otherwise, you’ll grow to resent yourself and all the decisions you’ve made along the way, from the small ones like daily coffee runs at Starbucks to the big ones, such as buying an incredibly expensive car when you could have opted for something more affordable.
Remember the 50/30/20 rule? The 20% includes saving for the future.
Whatever you do, do not raid your retirement savings. It may sound like a good idea now, but when you’re 60 (or older) and you can’t work anymore, you’ll definitely feel. Sure, you’ll get Social Security, but that cash is supposed to supplement your retirement savings! Supplement is the key word there!
