http://www.getrichslowly.org/blog/2006/07/10/many-americans-forced-to-retire-early/ personal finance that makes cents Sun, 20 Jul 2008 23:09:01 +0000 http://wordpress.org/?v=2.5.1 http://www.getrichslowly.org/blog/2006/07/10/many-americans-forced-to-retire-early/#comment-1651 JT Tue, 11 Jul 2006 08:50:06 +0000 http://www.getrichslowly.org/blog/2006/07/10/many-americans-forced-to-retire-early/#comment-1651 (Disclaimer: I live in Europe, so this may not be the case everywhere) I would add that it's interesting to invest money in a retirement plan every month instead of moving the money into another savings account. This way, and because of cancellation fees, you are not tempted to use all the money lying next to you. I'm a big spender and that's how I do to escape the temptation. Roughly 100$ of my salary go into retirement every month, and I'm 26 in a country with medicare and state-funded retirement. I can't imagine how it is in the US. (Disclaimer: I live in Europe, so this may not be the case everywhere) I would add that it’s interesting to invest money in a retirement plan every month instead of moving the money into another savings account. This way, and because of cancellation fees, you are not tempted to use all the money lying next to you. I’m a big spender and that’s how I do to escape the temptation. Roughly 100$ of my salary go into retirement every month, and I’m 26 in a country with medicare and state-funded retirement. I can’t imagine how it is in the US.

]]>