Does earning more money is the only requirement to retire in luxury? You may be earning a lot of money, but are you saving a lot of money for your future as well?
It's a human nature that when you earn more money, you genarally will spent a little more money to improve the quality of your life. After all, that's what it's all about, right?
However, this lifestyle creep can go too far. This may start out with small stuff, but eventually it turns into bigger stuffs such as bigger house, nicer car and etc. If your income increases but your expenses follows to increase as well, this will often produce a zero net result. Although you're able to earn more, but you're unable to save more. Therefore, earning more money alone doesn't contribute to a better tomorrow.
If you don't increase your savings along with your expenses, you will probably having not enough fund for your retirement. If you don't increase your savings over the years, how can you have enough fund to match your current lifestyle when you're retired? If you don't have enough fund for retirement, you either have to reduce your lifestyle or continue to work. Otherwise, you'll end up broke in your old age.
When It Comes To Retirement,
It Doesn't Matter How Much You Have Earned.
What Will Be Mattered Is How Much You've Saved!
Create A Passive Income for Your Retirement Today!
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