Lesson 32 Start Early
The earlier you start, the easier the task of securing your comfortable retirement. The magic of continuously compounding returns makes the goal easily achievable.
So, you are thinking about retirement. Someday you ought to start a savings and investment plan so that you can retire, or at least have the option to retire. But, you want a new car, need this season’s wardrobe with those neat new colors, and last year’s vacation bills are still on the credit card. You decide to put it off for a while.
This makes you just like most other Americans who collectively have close to a zero after-tax savings rate. So, it’s not exactly like anybody else will notice. If asked, you might answer that your most important financial concern ...
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