How To Save More For Retirement If You Don't Make Much Money?

+1 vote
asked Jul 1, 2017 in Other-Finance by Cathy21 (85,770 points)

How To Save More For Retirement If You Don't Make Much Money?

How can one save more money for retirement if you Don't make much money to begin with?

1 Answer

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answered Jul 11, 2017 by dashdawn (570 points)
If you can save at least $15.00 a week you can save $18,000.00 in 25 years and with added interest in a savings account that $18,000.00 can grow into $62,182.00 with an 8 percent annualized return.

Try putting as much money as you can away into a savings account even a little bit adds up over time.

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