Two-Thirds of Americans Share This Surprising Retirement Confession
There's no one "right" way to save for retirement, and everyone will have different goals and strategies. But regardless of how you choose to save, it's essential to stash at least a little away for retirement now.
The earlier you begin saving for retirement, the easier it is to accumulate several hundred thousand dollars (or more) for your golden years. But if you start falling behind and put off saving for too long, you'll likely need to make some sacrifices to be able to catch up.
However, not everyone is willing to make those sacrifices. Surprisingly, 67% of Americans say they'd rather cut back on expenses in retirement than make sacrifices now to save more, a survey from TD Ameritrade found. Although it's good that workers realize they'll need to make sacrifices at some point, not saving for the future could have greater consequences than you think.
Source Fool.com
