SAVE FOR RAINY DAYS!

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It is being speculated that the retirement money paid to retirees which they have paid into over many years when they were working AKA Social Security will run out in a couple of years leaving many who plan to depend on it unable to pay rent, utilities and other basic necessities if they hadn’t saved up their own money. The alarm bell is being rung now and any wise person will make provision for themselves because it is better to be safe than sorry.


So to make sure you are not left broke and penniless courtesy of Social Security not being able to pay you at all or pay you enough to live on, do the following: 


Visit choose to www.choosetosave.org to learn how to save for retirement.
Choose a tax advantage account.
Save in an IRA.
Put as much money as your employer will match in the 401K or 403 B fund at your job. With left over money, invest in mutual funds.
Save as much as possible on your own in a savings account.
Finish paying for your house. 
Maintain your car.
Buy good things that last for a long time so you don't have to replace them.
Live healthily, watch your diet, exercise, and manage your illnesses effectively.
Have a healthy faith life by reconnecting with your religion, meditating and praying.
Have a good social life. Make friends. Go out. Try new things. 


A word is enough for the wise...