A 37-year-old woman recently turned to Reddit’s r/personalfinance for help after a workplace retirement advisor told her to stop saving so much for retirement and start enjoying her life more.
She makes $54,000 a year, has no debt, and is single with no plans for marriage or dual income. She rents, doesn’t expect to afford a home anytime soon, and maxes out her Roth IRA while also contributing 23% of her income to her 401(k). Her current retirement savings sit at $198,000, and she has an additional $30,000 in a high-yield savings account.
