Talking Retirement

GenX Retirement Tips: Skip that Expensive Cocktail

In a press release, Schwab is offers some retirement tips to Gen Xers. One of the tips is called Be Penny-Wise When Partying. I’m a Gen X generation, and this tip definitely applies to my life.

How many nights did you “go out” last month? It’s easy to spend between $50 and $100 per night at trendy restaurants, bars or clubs. By cutting out just two party nights per month, you can make progress toward funding an IRA. For those slow nights, read a book, rent movies or entertain friends at home.

Read the rest of the press release here.