Student Loans Delaying Your Retirement Savings? Why That's a Problem — And What You Can Do About It

By Trish Sammer Updated on May 7, 2019

An article featured in USA Today shows why letting daily expenses get in the way of retirement savings is a big (and common) problem. The issue: the later you start saving, the harder it will be to comfortably retire —or to retire at all.

The piece, which cites research conducted by Nitro, shows that over 40% of Gen Xers and Baby Boomers have not started saving retirement. 


Many Millennials may put off saving for retirement in favor of paying down student loan debt. However, that strategy doesn't allow retirement funds adequate time to grow. 

What can you do instead? To make sure you're on track for retirement while paying off student loan debt, check out some of our articles on how to lower student loan payments to increase your monthly cash flow. 

Imagine Life Without a Student Loan Payment... Start Saving Now!

4 Ways to Lower Student Loan Payments

4 Income-Driven Payment Plans that Lower Monthly Payments

Is Student Loan Refinancing Right for You? Take This 7-Question Quiz to Find Out

How Make Your Student Loans More Manageable

Published in: Paying Off, Lower Payments

About the Author
Trish Sammer

Trish Sammer is Nitro's managing editor. Her work has appeared in Woman’s Day, Redbook, Huffington Post, TechCrunch, and Forbes. She has also written for various corporate clients, including the tech giant SAP, The Franklin Institute, and PSE&G. When Trish isn’t busy acting as a writing ninja for other people, you can find her … well, writing about other stuff, like divorce and blended family life. She lives outside of Philadelphia with her husband, their combined brood, and the world’s laziest dog. Read more by Trish Sammer