Yes, you can save too much for retirement: Here's what you must know

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The story "Yes, you can save too much for retirement: Here&#039;s what you must know" was covered 5 hours ago by Business Standard, a news publisher based in India.

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Yes, you can save too much for retirement: Here's what you must know - Business Standard

Quick Summary:

A young colleague came to me recently with a shameful admission: Despite the lecturing of her friends and family, as well as her own best intentions, she had not yet signed up for the company 401(k) plan. She lives in an expensive city, and is nervous about tying up her money for the next 40 or 50 years.

Otherwise, it is fine to balance retirement saving with other financial goals.

On average, retirement accounts take up about 30% of net worth for people under 26 who have an account.