Making wise financial plans for retirement is essential if you want to enjoy your golden years without having to worry about making ends meet. This is especially true if you will be relying heavily on Social Security and don’t have much in retirement savings to fall back on. Fortunately, there are ways to live cheaply and stretch your dollars now so that you can eventually leave the workforce.
Whether you’re close to retirement age or have a while to go, these are things you can do now to be financially successful in the future.
Last updated: Sept. 25, 2020
Spend Less Than You Earn
Although there is no one-size-fits-all strategy for financial success, there is one universal rule everyone should live by, said J.D. Roth, founder of Get Rich Slowly, a financial website.
“It’s hard to say that there’s one thing that everyone should do,” he said. “I believe that