Why putting off retirement savings until you make more money is a big mistake

People in their 20s have a list of excuses for putting off saving for retirement: Their paychecks are too small. They don’t know how long they’ll stay with a company. Why worry now about something that feels a million years away?

But a report from the Employee Benefit Research Institute drives home the point that waiting until you’re older and making more money to start saving for retirement could be a bad call.

Continue reading source article at WashingtonPost.com.

Damian Sylvia

Managing Partner

Retirement Income Solutions