Is The Savings Highway The Solution To Your Retirement Woes?

PR Log (Press Release) – Oct 03, 2009 – Are you saving for retirement or are you letting the government save for you?  Are you currently collecting Social Security? How do you use the money? What things do you have to go without?  What is your plan? After asking yourself these questions ask your self this: Could Savings Highway be the solution to your retirement woes?

If you want to keep up your current standard of living as a retiree, the rule of thumb is that you’ll be spending monthly at least 80 percent of what you’re spending now, that other 20 percent you won’t be spending accounts for work-related expenses: gas or public transportation fares for your commute, dry cleaning bills, lunches and such. If you plan to travel, play more golf or spend your summers on a houseboat, you’ll quickly make up that 20 percent you thought you were saving by not working.

There’s a big difference in planning for a 20-year retirement and a 40-year retirement. Perhaps the most important factor when calculating how much you’ll need is how early you want to retire.

One way to get started on your early retirement budget is to use one of the many free online retirement calculators to figure out how much you’ll need in net worth to retire at a certain age. But the only way to know if your planned retirement spending will work is to try a dry run. Try to live for three months on the estimated monthly amount that you hope to live on when retired. If it’s not working now, it definitely won’t work when you factor in increased healthcare and insurance costs.

You can try to keep up with the “Joneses” or you can do things the right way and yes, it can be difficult for some but it doesn’t have to be that way.  Be a little more frugal. Pay yourself first, and most importantly take advantage of the many benefits Savings Highway has to offer.  Working online and showing people how they can save money on things they buy daily and by showing them how to make money in the process has become MY focus and quickly showing me that this is my solution to my retirement woes.  Anyone can do what I am doing if they just apply themselves.

Saving for retirement in the good ole U.S.A. wouldn’t be so difficult if we didn’t have to spend our entire pay check as if there’s no tomorrow.  As for me, I’ve got a plan and it doesn’t include working full-time past 40.  I’m 34 and although retirement seems far away, it will be here before I know it.  I will retire earlier than most because I planned for it!  I have made my decisions and strive towards my goals.

You won’t be hearing “Oh woe-is-me” coming from this gal!

If you are looking for a solution to your retirement woes, you know how to contact me.  It is my mission to educate people and bring savings and financial wealth everywhere!

http://thesavingshighwayclub.com