Upping Your Retirement Contributions by Just $83 a Month Could Have a Huge Impact on Your Financial Security
Often, when you think about saving enough for a secure retirement, achieving your goals can seem insurmountable. You need to have a substantial sum invested, and to amass it, you may need to save around 15% of your income. This can seem impossible if you're just getting started or have a lot of bills to pay.
But it doesn't take a lot of extra money to make a big difference in how much you end up with for retirement. So while your ultimate goal should be to work up to saving that recommended 15% of income, you can start with a small lifestyle change, like saving just $83 a month. It can get you a lot closer to a secure retirement than you might think.
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Source Fool.com
