Plan the Life You Want!
After reading the August 2012 Black Enterprise Financial Fitness Contest winner’s story, Michael McElroy, 34, and his wife of three years, Nia, 38, realized they were not saving nearly enough for the life they pictured in retirement. The August winner had already amassed $80,000 for retirement and earned $63,000 less than the Houston couple. “I’ve always read these case studies and a lot of times people who make less money have more savings, and it intrigues me,†says Michael, explaining why he and his wife sprang from bed at 1:50 a.m. to apply online for the contest.