June 17, 2014

Big weddings take big bite out of retirement savings

“The average cost of a wedding now is $30,000. Carla Fried writes that the opportunity costs are high. A 50-something mom and dad who pay that much for a wedding are forgoing $62,000 of retirement security 15 years later. If the bride and groom pay, especially if they do it on credit, they'll suffer an even bigger hit.” Read the details:
Marrying Money: Big Day, Big Hit to Your Retirement by Carla Fried:

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