Are There Reasons Not To Save For Retirement?

Jonathan Clements, writing in The Wall Street Journal, says there are six bad reasons not to save for retirement.

I guess you could call these the “big six” or maybe “six among hundreds.” It seems to me that saving is a core obligation for anyone hoping to achieve financial stability and success.

How much should one save? I suspect the answer comes in two forms. First, one should begin saving as early as possible. Second, without living like a hermit, one should save as much as possible.

As to Clements, his list of bad reasons not to save include:

*”I still have plenty of time.”

*”My house is worth a bundle.”

*”My investments are doing great.”

*”I’ll receive a fat inheritance.”

*”I have a pension.”

*”I’ll work in retirement.”

The complete column can be found at:

http://online.wsj.com/article/SB118929740182621728.html?mod=googlenews_wsj

This entry was posted on Wednesday, September 26th, 2007 at 2:47 pm and is filed under Reverse Mortgage . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.