Dr. David Eifrig, DailyWealth.com

Will You Outlive Your Money?

More than half of Americans have less than $10,000 saved for retirement, according to GoBankingRates. And in an article in the New York Times, an economics professor estimated that nearly half of middle-class workers will be “poor or near poor” in retirement, living on a food budget of about $5 per day. This is why it’s so important to start building your nest egg, and the sooner you can start, the better.