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By wordsthatecho
November 8, 2016
Woman investing money into her 401k piggy bank
Woman investing money into her 401k piggy bank
jygallery—Getty Images/iStockphoto

If you’re a young adult, it’s hard to get excited about saving for retirement. “It’s so far into our future!” you might think. “I have student loands that need to be paid now! I’ll worry about it later.”

Personal finance journalist Jonathan Clements, author of How to Think About Money, agrees that it’s hard to get passionate about saving for retirement. He thinks that millennials need to think about saving for retirement in a different way.

Don’t look at it as saving for the future, he says. Look at saving as buying yourself freedom — the ability to do what you want when you are older. By saving now, you are ensuring that later on you can live comfortably, travel, or switch to a career that might be more rewarding yet lower-paying.

Advertiser Disclosure

The purpose of this disclosure is to explain how we make money without charging you for our content.

Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools.

Earning your trust is essential to our success, and we believe transparency is critical to creating that trust. To that end, you should know that many or all of the companies featured here are partners who advertise with us.

Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

Opinions are our own and our editors and staff writers are instructed to maintain editorial integrity, but compensation along with in-depth research will determine where, how, and in what order they appear on the page.

To find out more about our editorial process and how we make money, click here.

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