Personal Finance Myth #28

Believing we can save for retirement later is a myth | Vrid
People illustrations by Storyset

We can save for retirement later

Retirement seems so far off in our 20s and 30s that it hardly feels real. 

In fact, it’s one of the most common excuses people make to justify not saving for retirement. But it’s easier to save and invest when we’re young and have fewer responsibilities. 

Start investing as soon as possible, even if it’s only 5% of your salary; the longer you save, the longer your investments have time to grow. 

Think of it as wealth accumulation instead of savings. If wealth interests you, check out our blog on the 7 levels of wealth.

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DISCLAIMER: This newsletter is strictly educational and is not an investment advice or a proposal to buy or sell any assets. Please be careful and do your own research.

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