The Almighty Dollar

Restoring some fiscal sanity in our -- negative savings rate -- lives


Just save -- it's that simple

Bloggers, journalists, financial analysts and managers keep asking the same questions about our retirement. Are we saving enough? Are we saving too much? How do we know what is the right amount?

We can debate this topic to death, but there still won't be an answer to satisfy each individual's situation. In fact, I think the whole debate is silly and can be simplified into one question:

If and when you retire, would you rather have too much money or not enough?

I think it's pretty obvious that most people would prefer to have a little extra in their bank accounts than to scrimp until our last living day.

So stop talking about it. Just save as much as you can, as early as you can.