Commit Yourself to Save for Retirement

Your retirement might be years away, but this doesn’t mean you should not do everything in your power to make it as comfortable as possible. One way to do that is to build enough of a cushion to allow you to live your golden years the way you want to.

Saving for retirement might not be your priority right now, with everything life throws at you. But if you think life is difficult now, imagine being broke in retirement and relying only on Social Security benefits.

“It can certainly be challenging to build up a good-sized nest egg, but it will certainly be impossible if you never try,” said Belinda Rosenblum, a certified public accountant and president of Own Your Money. “It all starts with a commitment.”

Therefore, commit yourself to build your nest egg in front of your family and friends. That’s because, according to Polly Scott, communications and deferred compensation plan manager for the Wyoming Retirement System, “if you talk about it … you’re more likely to do it”. Good point!