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Let’s be real: you want to retire in style. The road to riches is rocky and paved from the many life choices you’ve made over the course of your time on this spinning blue planet. After crunching the numbers come retirement, how do you think you’ll fare? Wealthy golden years are borne from steady iShow More
Let’s be real: you want to retire in style. The road to riches is rocky and paved from the many life choices you’ve made over the course of your time on this spinning blue planet. After crunching the numbers come retirement, how do you think you’ll fare? Wealthy golden years are borne from steady income, conscientious saving, and responsible spending. Little purchases add up and can really dampen your dream of circumnavigating the globe when you turn 65. Social security is a net, not a hammock, so if you plan on spending your twilight years swingin’ softly in the breeze, you’re gonna need to take stock of your spending habits and trim the fat.
All who wish to retire rich may do so, provided you are fiscally responsible and manage to earn a decent living throughout your lifetime. Of course, if you were born into a wealthy family, try to not to piddle the family store away on white tigers and race cars in the meantime!
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NEXT QUESTION BELOW
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1
If you want to save money for retirement, cooking at home is your best bet. How often do you eat out?
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Every day!
3-4 times a week
Once or twice a week
I never eat out
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2
When you see your credit card statement, how much do you pay?
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The entire balance
The minimum payment
A substantial chunk, but not the full amount
I don’t pay my credit card bills
I don’t have a credit card
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3
Treating yourself to the latest trends is important, but how often do you buy new clothes?
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Seasonally, every 3 months or so
Once a year
Every paycheck
I’m still wearing clothes from 5 years ago
Only if I need something
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4
After paying your monthly expenses, you have about $100 left over. What are you gonna do with it?
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Save it
Invest it
Go out to brunch
Donate it to charity
Buy a hoverboard
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5
You've just finished dinner with friends. The server brings over the check. What are you doing?
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Reaching for my wallet
In the bathroom waiting for my friend to pay
I don’t go out to eat!
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6
Pumpkin spice is everything nice, but how often do you buy coffee?
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Never! I make coffee at home
Every day before work
I don’t drink coffee
Only on special occasions
I never have to pay for coffee
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7
Shutterstock.com
Choose your dream car:
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Ferrari
Rolls Royce
Ford Focus
Subaru Crosstrek
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8
Vacations are vital to your mental health. How often do you travel?
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Every weekend, if I can
Maybe for the holidays, but that’s about it
In the summer for 2-3 weeks
I never travel
I travel for work
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9
It's Black Friday! Which door-busting Holiday gift are you gonna buy?
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Big Flat-Screen TV
The newest video game console
A washing machine
A sound system
I don’t do Black Friday
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10
If you've planned for retirement, you should understand the lingo. What does "compound interest" mean?
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Ready?
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It’s interest…that does…something interesting?
Interest that carries over to the principal and is reinvested
What’s interest?
I let my accountants worry about this mumbo-jumbo
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11
Honest question: Would you rather walk for 25 minutes or take a cab?
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Ready?
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Walk!
Take a cab…
I’ll wait for the bus
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12
Awesome! You've been given a million dollars to park somewhere. Where ya gonna stash it?
What did you get? Let us know in the comments!