How Your Car Might Crush Your Retirement Dreams

Are you saving enough for a secure retirement? Most Americans aren't, often because putting aside extra cash for the future seems unaffordable. The problem is that you cannot live on Social Security alone, and since few employees have guaranteed pensions in today's economy, that means it falls on you to save enough cash for your golden years.

Image Source: Getty Images.

Of course, if you simply can't spare the money to save now, what can you do? Well, you can start by looking in your garage. If you have a late-model vehicle you're paying a car loan or a lease on, it could be one of the things that are ruining your chances at a secure retirement.

Source: Fool.com