Are You Saving Too Much Money? Watch This

“I’m not saving my money until I’m too old to enjoy it” is a common argument people have for not investing for retirement. Is it possible to be saving too much money for retirement? While a more common question is “are you saving enough for retirement”, diligent savers and investors might find that they’re actually saving more money than they should. After reaching their goals, these folks might find that their financial finish line keeps getting moved further and further down the road. They could be succumbing to the mentality of never having enough money. Believing this could cause you to miss out on the enjoyment of living in the moment. Saving money is a good habit but it’s helpful to know where you stand so you strike the right balance. You don’t want to spend your entire career working 80 hours a week, postponing rewarding experiences until you retire and then you can finally start enjoying life. You also want to make sure you can retire comfortably at a reasonable age and won’t run out of money. These are some points to consider that will help you determine if you’re saving the right amount for your future.