Are You Saving Too Much For Retirement?

Did you know that the vast majority of financial advisers say nearly everyone should save more, not less. The United states savings rate is at a historic low. More than half of U.s. workers have saved less than $25,000 for retirement, according to the employee Benefit Research Institute. They say more than 40 percent of working households are in danger of having too little retirement money. When we were in our 40's, raising kids, putting them through school, working every day, we didn't feel we had the money to lay away for retirement. Retirement?? It was every day living that was taking up all the money we could bring in. And today, we would give anything if we had put away more money when we were that age. They have always said you should pay yourself first and others second. They are right. Take my advice, from one who has gone thru the experience, and save more for retirement. Put it in your 401K, IRA or whatever but save it. You won't be sorry.