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Chuck Jaffe: If You Fall Short On Retirement Savings, Don’t Blame It On The Coffee

FYI: Americans don’t save enough for retirement. Countless studies show that.

There are a lot of causes to the problem, and none of them are coffee.

Yet the seemingly constant banter when it comes to people’s finances is that individuals can save a boatload of money if they just give up paying for their morning Joe. Most recently, it was Suze Orman jumping into the fray, saying last week on CNBC Make It that individuals should think “[I am] peeing $1 million down the drain as [I am] drinking that coffee.”
Regards,
Ted
https://www.seattletimes.com/business/if-you-fall-short-on-retirement-savings-dont-blame-it-on-the-coffee/
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