Nav.It with roooted

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27 August 2020

term to know: retirement

Let’s start here…
Isn’t it hard to imagine an older version of yourself? I’m not even talking about picturing yourself as a fully-responsible, thriving adult— I mean old old.

Will I be living in a cool apartment filled with plants, drinking tea from a mug handcrafted in my ceramics studio? Will I compost my leftovers?!!?!

I really have no idea… and never have leftovers so, that part is settled. 🥞

Here’s what I do know…
The cool apartment, houseplants, and in-home ceramics studio all require one thing: money. In ye olden days, many American workers relied on monthly pensions to support them through retirement. That’s not exactly the case anymore and— long story short— we gotta rely on ourselves now.

But there’s more:
The rapper 21 Savage wrote about the importance of financial literacy for Time magazine.
Here’s what he wants you to know:
“Finances are deeply connected to every area of our lives, especially when we talk about access to resources. That’s why we need to talk about finances and how they encourage or break cycles of poverty—and it’s why I started the “Bank Account” financial-literacy campaign in 2018. I want the next generation to have a head start and the knowledge on the value of making good financial decisions so they have a clear path to achieve success and financial security.”

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