Much like investing in the stock market, investing in your own retirement requires a strategy that combines patience, foresight and time. While 20-somethings may not have the first two down pat, by kicking off their retirement savings early, they’ll be able to fully leverage the advantage of time. In this case, time is literally money.
Compound interest is the best kind of interest
Retirement savings work in such a way that the longer you’re saving, the quicker they accrue interest. With the advantage of an early start, and with firsthand memory of the damage failing to save can cause after witnessing the […]Read more »