The guy who runs the morning shift at our gym is a great guy but has some health problems.
So when he didn’t show up this morning, we were a little worried about what happened to him.
Fortunately he was just at the DMV.
He was at the DMV at 7:30 am and didn’t make it back to the gym until after 9:30am.
Why do I bring this up?
Lots of people rely on Social Security for retirement income.
And lots of young folks still plan on having it (their statements to the contrary notwithstanding). How do I know this? Because…
Everyone wants to be rich but nobody wants to save money.
Thus, they are planning to rely of the government to take care of them.
Which, in my not-so-humble opinion won’t work out so well for them.
Basically, if you’re under 60 and you’re not consistently saving a substantial amount of your income, you’re in trouble.
Not maybe in trouble.
You’re *definitely* in trouble.
And it’s not the kind of thing you can put off… like an oil change.
It’s the kind of thing if you don’t start now, you radically increase the amount you must save to be financially secure later.
So it gets worse every year.
There is no easy fix other than to suck it up and start saving.
But hey. Most of the people who are in denial about their finances leave my email list so I’m probably preaching to the choir here.
OK, enough of this. If you want more financial tips and advice, go join my email list, now.