I’m 38 years old with enough invested for traditional retirement. Here’s how positive peer pressure helped me, and can help you, accelerate your retirement savings.
Six years ago, I found myself in $300,000 of debt — including two mortgages — and barely any retirement savings. I’m ashamed to admit the main influencer of my saving and spending habits was to keep up with what I perceived as successful in my social circles. In my twenties, I wanted to be as fashionable as my friends and co-workers. In my thirties, I wanted to have as big a house as my family told me I should have.
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