July 29, 2014

How Giving Up Cable TV Could Save Your Retirement

“Ditching cable frees up cash to save for retirement and reduces your retirement expenses.”  David Ning explains:  We all know that higher spending lowers the amount we can save for retirement. An inflated lifestyle also requires a bigger retirement stash if you want to continue to fund those higher expenses in retirement. Even relatively small luxuries necessitate saving more for retirement if you want to continue to enjoy them over 30 years of retirement. Consider the impact your cable TV bill has on your monthly expenses. Many people pay $100 a month or more for the privilege of channel surfing. A $100 per month bill costs you $1,200 per year or $36,000 over a 30-year career.” Read the details at: http://money.usnews.com/money/blogs/on-retirement/2014/07/23/how-giving-up-cable-tv-could-save-your-retirement

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