Did you know that the average person spends nearly 10x’s more time planning vacations than they do prepping for retirement?
I guess when you know that it doesn’t really come as a surprise that 74% of Americans are NOT ready to retire…
The thing is, this majority could quickly turn into a minority if people just took the time to plan ahead and properly invest.
Whether you fall into this statistic or not, I’ve listed an easy tip for TRIPLING your savings so you don’t have to be frantically pinching pennies or trying to make ends meet when it comes time to start the next chapter of your life.
Before we get too carried away, I think it’s appropriate to ask the million dollar question:
“Why save when you can invest?”
After all, what’s the real benefit in dumping your funds into a stagnant account anyway, especially when you can stash your cash and get paid to do it?
Rather than pumping your money into an account that offers little to no interest in returns, you can put it to work on Wall Street and earn way more bang for your buck!
Investing in the market is all about making your money work for you instead of working for your money.
For most people, stocks can seem scary and complicated so they resort to traditional ways to save (if they even get around to saving at all).
My biggest tip for building your financial future is to start planning sooner than later.
You need to care for your nest egg if you ever want it to hatch into something that can one day fly you to new heights.
Investing the right way simply expedites this process. It’s essentially a shortcut to retirement that allows you to work less and make more.
There are endless options to growing your savings, but not necessarily a one-size-fits-all way of doing it…
Just know that the average stock market return is about 7% each year, whereas a typical savings account yields approximately 2% in annual interest.
The numbers don’t lie and in this case, it proves that Wall Street investments are over 3x’s as profitable!
If you happened to get a late start to putting your retirement savings in order or haven’t gotten around to it at all, you may want to consider moving your moola into the market as a way to speed up the overall process.
Sure, you can always take the traditional route, but why choose that path when there’s a bigger, better alternative to building wealth?
Most people are perfectly content with planning out their upcoming vacations, but when it comes to retirement they want nothing to do with it.
But don’t you think that’s a bit of an oxymoron, considering retirement is intended to be an extra-long vacation in itself?
The golden years should be something you look forward to, not something you dread.
Stop procrastinating today and begin working your way towards the kind of retirement you deserve via investments that are worth your while!