9 Reasons You May Never Retire

3) Student Loan Debt Will Block Your Path

Currently, there is the student loan debt problem which plagues tens of millions of people in the U.S. Tuitions are out of control, and borrowing to pay for you or your children’s education can put you into insurmountable debt. Many people approaching retirement age are still trying to pay off their own student loans they took out when they were in their 20’s. Don’t let that happen to you. Only borrow as much as you absolutely need. Then pay off them off as fast as you can. Paying sooner will also save money on the excess interest in the long run and you can put that extra saving towards your retirement savings.