How Much Do You Need to Save to Retire on Time and Send Your Kids to College?
Looking a this we can see why we need to make sure we are all maxing out that 401k and that college funds.
Make the sacrifice now so when that time rolls around you can live comfortably.
Take some time out to read the article listed below to get a better idea.
If like me you’re a millennial, like me you should be obsessed with saving for retirement. As an outsider to the US I had no idea what 401k etc meant, as such like a lot of others, I luckily found answers to these questions from close family members that has the know how about retirement savings.
That said, I’m totally obsessed with shaving as much as I can from each pay cheque to save for retirement these days. Wish I knew about this earlier but hopefully with patience and some time I can get caught up.
Have a a look at the article listed below for more information how the current state of affairs on retirement savings for millenials.
Source: Nearly half of millennials haven’t starting saving for retirement: Wells Fargo
Everyone should be investing no matter how little, you might think I don’t have any money to invest but I assure, anything little you put away is better than nothing at all.
I am lucky to have quite a few people in my life that know a lot about investing and have been guided to see how much free money is out there and how much putting away just a little each cheque can add up.
If you’re ever interested the thought of investing , this article listed below is a must read.
via Five Common Myths that Keep People from Investing, Debunked.
Baby steps to the bigger goals