How many people that seem to have a little nest egg can say in todays market that they are already set for retirement? The value of the dollar seems to be dropping. Presently, the U.S. government is rearing on the brink of Financial debt that will effect everyone. Defaulting on the debt should cause every person, even the ones with a small nest egg to think twice on how they are saving and what may be other alternatives for investing in the future.
People seem to think that they still need to borrow, even though they have that small nest egg. Why do they do it? Maybe because they think that they have the money to pay the debt back. That may be a valid reason, but for the lack of another reason why, it just doesn't make sense that people should borrow just because they can, or because they have a small nest egg in reserve. The way the U.S. government is going these days on the National Debt, people who have small nest eggs may soon find out that their egg has turned into a dud.
Others may be better off financially, but in reality, they are only less 'worse off' than the next guy. There doesn't seem to be any real definition of someone who is 'well off' unless he has a boatload of money. That may have been what it was a while back, but in the present day, that is not possible. People should always look for better ways to save money, and to find new ways to invest in their future. What they are doing today for their future may just not be enough to survive when that future does arrive.
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