8 Ways to Motivate Yourself to Save for Retirement

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"observing the standard of living of those elderly " does not help me, I have 2 divorced grandparents (multiple divorces to each other) and they both have more than enough and are enjoying the free ride from the state and federal Govt. Neither one of them made much and didn't save a dime. I understand this won't work for me but what will? You need more income to save more. Without an extra job what does one do.

Cheryl of MO 10:04AM July 31, 2012

Long term saving of a decent percentage of your pay is huge, but that doesn't seem to be all of it.
Those I know who have successfully and voluntarily retired early (before 60) have some similar situations. #1 They are NOT divorced. #2 They have lived in the same house for many years. #3 They have been with the same employer, or ran the same business for many years. #4 They have two or less children. #5 They stay away from the Casino.

Jim of NY 7:57PM May 08, 2012

You are right in your assumptions but one can retire early if he/she thinks that they will be happy retiring and keeping them busy with social work but one has to reduce their expectations regarding spending.

Subhash Banerjee of NC 7:51PM May 08, 2012

Thanks, those are great motivating ideas!
What helped to motivate me was simply looking around and observing the standard of living of those elderly individuals who did not plan and save for their retirement. That sold me on the need to save for retirement very, very quickly.

Brian of OH 11:16AM April 30, 2012