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Start saving for retirement as soon as possible from "summary" of I Will Teach You To Be Rich by Janny Patri
It's never too early to start saving for retirement. The earlier you begin, the more time your money has to grow through the power of compound interest. Compound interest is like a snowball rolling downhill - it starts small but grows larger and faster as it goes. This means that even small contributions now can turn into a significant nest egg later on. Many people underestimate how much they will need for retirement. It's important to consider factors such as inflation, healthcare costs, and increased life expectancy when calculating how much you will need in retirement. By starting to save early, you give yourself a better chance of reaching your retirement goals. One common mistak...
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