Daily $7 coffee costs $2,520 annually and $100,800 over 40 years. Investing $100 monthly in a Roth IRA could grow to $1M over 40 years. 38% of U.S. adults are willing to go into debt for dining out or entertainment. Americans answering 3 questions realize they can retire earlier than expected.

Suze Orman says wasting money on coffee is like ‘peeing $1 million down the drain.’ She emphasizes the importance of investing in a Roth IRA. Going out to eat can contribute to credit card debt in retirement. Americans willing to go into debt for travel, dining out, or live entertainment.

Cutting back on coffee and dining out can help save money for retirement. Many waste money on recurring subscriptions and impulse purchases. Heavy credit card debt can be avoided by using cash or debit cards. Borrowing against retirement savings is a risky move.

Cashing in retirement savings before retirement can lead to financial struggles. Taking advantage of employer matches is crucial for building a solid retirement balance. Retirement is not just about investments, but also about accumulating vs. distributing wealth. Many Americans are realizing they can retire earlier than expected.

Read more at Yahoo Finance: Your Coffee Addiction Could Cost You $1M