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Save for retirement early from "summary" of Manage Your Money Like a F*cking Grown-Up by Sam Beckbessinger
When it comes to saving for retirement, starting early is key. The earlier you begin setting money aside for your golden years, the more time your money has to grow through compound interest. Compound interest is like a magical money tree that can turn a small seed into a mighty oak over time. By starting to save for retirement in your twenties or thirties, you give compound interest decades to work its magic on your savings. Saving for retirement early also allows you to take advantage of the power of time. By giving your money more time to grow, you can potentially accumulate a larger nest egg for retirement. This can provide you ...
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