Are you concerned about not having enough money to support you in retirement? If so, then check out this (tongue-in-cheek) article from The Onion, which suggests that your best option might simply be to “live less.” Here’s a snippet:
“Taking account of inflation and the rising cost of living versus the projected direction of the economy in the coming decade, I told Mr. Hutchinson that he could significantly reduce his spending by simply living less, ” Dalton [a fictional financial planner] said. “After looking at his investments, I calculated that he really shouldn’t live a day over 62â€”or 59 if he wants a funeral.”
Obviously, this isn’t a particularly attractive path, so… Instead of following their advice, I suggest that you first get a handle on whether or not you’re saving enough for retirement. If not, kick things into gear and start saving more. And finally, you might want to consider creative solution for stretching your savings once you hit retirement age.