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Convincing Yourself to Save
Many see saving for retirement as an obligation and react to it the same way as many other obligations, with procrastination. As with starting a diet or exercise regimen it is perpetually delegated to tomorrow’s to-do list. This may be one of the top reasons why Americans are so behind in saving for retirement in every age group. Everyone knows that they should save, but it seems like such a daunting task. One of the best motivators to starting is realizing just how little help you will receive outside of your own savings. There are many calculators available, including on the official website, showing how much you will be predicted to bring in through Social Security. For more information visit this article by Cameron Huddleston with Go Banking Rates.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.