What Scrooge Can Teach About Retirement Planning

“Sure, he was tight-fisted. But Scrooge's money habits are a useful model for reaching your retirement goals” write Walter Updegrave.

“I can hear the cries of outrage already. How can A Christmas Carol‘s Scrooge, the character Charles Dickens described as tight-fisted, squeezing, wrenching, grasping, scraping, clutching and covetous, possibly be a paragon of retirement planning? Bah humbug! If anything, he’s a role model for how not to live one’s life!”

“And I agree, up to a point. But if you’re willing to overlook a few of his, shall we say, flaws, good old Scrooge also possessed some qualities that make him a pretty decent role model for achieving a secure and meaningful retirement. Here are three we may well to emulate, albeit in moderation, to improve our retirement outlook.”

1.      Scrooge had a phenomenal work ethic.

2.      The man was a prodigious saver.

3.      Scrooge (eventually) understood what really matters.

Read the details at: http://time.com/money/3634378/retirement-planning-scrooge-teach/