You can borrow money to buy a car, to buy a home or to finance a college education or a dream vacation—but you can’t get a loan to fund your living expenses in retirement. New data from the Consumer Bankruptcy Project underscores why it’s more important than ever to save and invest toward your retirement, especially the older you are.

You can borrow money to buy a car, to buy a home or to finance a college education or a dream vacation—but you can’t get a loan to fund your living expenses in retirement. New data from the Consumer Bankruptcy Project underscores why it’s more important than ever to save and invest toward your retirement, especially the older you are.

Click ▶️ to hear Alfred Edmond, Jr.’s Money Matters report:

Original article source: http://aurn.com/why-it-is-more-important-than-ever-to-save-and-invest-towards-retirement/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council