Plan for retirement early from "summary" of Get Good with Money by Tiffany the Budgetnista Aliche
When it comes to retirement, the earlier you start planning, the better off you’ll be in the long run. It’s like planting a tree – the sooner you plant it, the more time it has to grow and bear fruit. Starting young gives you the advantage of time on your side. This means that even if you’re only able to save a little bit each month, compound interest will work its magic and help your money grow exponentially over time. Many people make the mistake of thinking they have plenty of time to start saving for retirement. But the truth is, time flies by faster than you think, and before you know it, retirement will be right around the corner. By starting early, you can take advantage of the power of compound interest, which allows your money to earn interest on the interest it has already accrued. This can make a huge difference in the long term, helping you build a substantial nest egg for your golde...
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