CHAPTER TWELVE
Rule #3: Take Action Now
“There is no happiness without action.” ~ Benjamin Disraeli
e’ve spent a lot of this book talking about your savings risks and how to identify those risks. You know what? If you’re not saving, the risks don’t matter. You know it’s important to save for your future. And you know it’s important to save enough for your future. So why is saving so unpleasant? Many experts blame the lackluster economy. In recent years, you and your peers have saved through some of the worst eco- nomic times in history. Not one but two market crashes, persis- tently low interest rates and sluggish recoveries. It’s enough to make anyone throw up their hands and quit. For some of you, I think another factor is also to blame. Retirement may be a long way away. If you're in your sixties, retirement is likely the center of your financial attention. But, if you're in your thirties or forties, retirement might seem like an- other lifetime. And even if you're in your fifties and can see retire- ment on the horizon, it's still not your most pressing concern. Paying your mortgage, financing college for your kids, paying off debt: those are your immediate needs. Finding the best way to save for retirement? You’ll get to that soon. That thinking lets you put off making important decisions about how to save. W
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