Choosing New Wheels Over Retirement Savings | WYPR

Choosing New Wheels Over Retirement Savings

Nov 29, 2018

One of the reasons that many of us have failed to save adequately for retirement is that we love to purchase new cars. It is of course tempting to immerse oneself in that new car smell, as well as to find oneself benefiting from new technology like heated steering wheels, Bluetooth, and automatic braking. The average car payment in the U.S. is estimated at $523 per month.  

Anirban tells us more.