The Surprising Reason Most Workers Are Putting Off Retirement Saving
Retirement planning can be challenging, especially if you have multiple financial priorities pulling your wallet in different directions. When you're struggling to pay all your bills and put food on the table, saving for retirement may get shoved to the bottom of your priority list.
However, saving for your golden years isn't something that can be done overnight. Retirement is more expensive than ever, and it takes decades of saving consistently to amass hundreds of thousands of dollars in your retirement fund. So if you're putting it off until you have more money to save, you're only making it harder on yourself in the future when you'll need to save a lot more each month to catch up.
There are a variety of reasons you may be putting off retirement saving, but there's one thing in particular that the majority of workers say is getting in the way of saving: student loan debt.
Source Fool.com
