Five Reasons to Stop Toward Retirement

[lucy]

When it comes to retirement most financial gurus emphasize one thing – save as much as you can as early as you can. They’ll tell you to put as much money as you can in the IRA, 401k, or other retirement savings vehicle. The classic advice is to save as much as you can as soon as you can. Yes, of course that is awesome financial advice. Advice that I completely agree with. Nevertheless, you might be in a situation where you think it might be wise to stop contributing to retirement, but you are finding it difficult to get any feedback on the implications of that decision.
1)To pay off debt.
2)For spiritual reasons.
3)To pay off your house early.
4)Storm clouds on the horizon.
5)To follow a dream

[ianjose]

Hi,
While I agree with most everything you write in this post, I think Dave Ramsey probably gives the most balanced approach: stop retirement to get out of debt and get the 3-6 months expenses saved for an emergency fund. Then get the retirement accounts fully funded before saving for other needs or paying off the house early. Time is of the essence in getting maximum returns on your retirement investments. The longer your contributing to them, the more shares and hopefully more money you will have come retirement age.

[evanbarrack]

I think the retiremnet is one of the hardest time for human being. He has has to be dependent on other after retirement. No one is like this condition and so on. So always being working is the most and the effective in the life so you can be free from your financial problems.

[jamesolivers]

Five Ways to Stop Toward Retirement :

1. Make your morning cup of coffee at home
2. Stop eating out so much
3. Buy a less expensive car
4. Send e-Christmas cards by email
5. Stop Smoking