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3 Expenses You Might Take On Today That Could Get in the Way of a Secure Retirement


Saving for retirement is a really important thing to do. But unfortunately, it may be hard to wrap your head around that need when you're fairly young and have different financial priorities.

When you're in your 20s, you may be focused on paying off student debt. In your 30s, you may be grappling with child care costs while trying to save for a home. And in your 40s, you might have that home, but your mortgage payments might monopolize a lot of your income.

None of this is particularly unusual. But if you don't start building your nest egg at a fairly young age, you might struggle to play catch-up down the road. If you want to set yourself on the path to being able to save consistently, then it pays to be really careful with certain expenses. Not being mindful enough of the following could leave your 401(k) or IRA seriously lacking.

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Source Fool.com


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