Americans' Average Social Security at Age 62, 66, and 70

"My favorite things in life don't cost any money. It's really clear that the most precious resource we all have is time."
-- Steve Jobs

Steve Jobs was quite right that money can't buy you everything -- including some of life's most important things. But money is still rather important, and if your favorite things include a roof over your head and food in the pantry, then you will need money -- now and in retirement.

Image source: Getty Images.

Source: Fool.com