Prioritizing Retirement Will Keep You Financially Secure

Prioritizing-Retirement-Will-Keep-You-Financially-SecureBeing a homeowner, saving for retirement can be a financially burdening task to regularly manage. Prioritizing retirement does come at a cost, however. Some homeowners struggle to pay their bills on a regularly basis and just don’t have the means to allocate the necessary funds into their retirement account.

Over 50% of U.S. homeowners do not have a plan set to help them financially prepare. Below are some ways that will help you get back on track with planning for retirement.


If your schedule allows it, working part-time is a great way to earn some additional income and adding it to your retirement fund. A side gig is a good place to start. If you’re unsure about what route you want to take, start out with something that you enjoy doing or even simple tasks that you know you’ll get paid for – hobbies, trades, etc.

Keep Your Spending Under Control

It helps to stick to a budget. This doesn’t mean live frugally until you retire, just manage your finances appropriately. If you’re habitually spending on luxurious items or unnecessary things, try cutting them out or limiting yourself – you’d be surprised at what adds up annually.

Amenities and vacations can be great stress-relievers, but they’re adding stress to your bank account as well. Your budget for a family vacation is easily in the thousands. Try cutting your budget in half and putting that in your retirement account. The sacrifice comes at the expense of luxury, but by doing so, you’re putting yourself in a comfortable position for the future.

Bio: Kuba Jewgieniew heads Realty ONE Group, a real estate brokerage firm that has offices in California, Nevada, and Arizona.