When you think about self-care, you probably think about the “feel-good stuff” – a sweet treat, bubble bath, or some alone time – but self-care isn’t all bubbles and relaxation. Sometimes it requires you to do things you don’t want to in order to take care of yourself. Things like working out even when you’re tired, drinking water instead of a soda, or saving money instead of splurging on something. Self-care is all about taking care of yourself and that includes taking care of yourself financially. Saving for retirement is just one way to show yourself a little love and appreciation. A great retirement savings habit you can add to your self-care routine is to automatically increase your contributions to the MO Deferred Comp Plan every year. By increasing your contributions by just $10 a month every year, you could be setting yourself up to have a bigger savings balance and a better life in retirement. Deferred comp’s automatic increase tool will do this for you. All you need to do is log in to your account, pick the amount and month you want the increase to occur, and you’re set! You may not see or feel the benefits of using the automatic increase tool right away, but when you get to the end of your career and you can confidently walk into retirement knowing you have prepared and saved enough, all the hard work and sacrifices you made along the way will be worth it. Now that sounds like some serious self-care to me.
