Prioritize saving for retirement from "summary" of The Dumb Things Smart People Do with Their Money by Jill Schlesinger
Saving for retirement should be a top priority for everyone, but many people tend to overlook this crucial aspect of financial planning. It is easy to get caught up in the present and put off saving for retirement until a later date. However, the reality is that the earlier you start saving for retirement, the better off you will be in the long run. By prioritizing saving for retirement, you are taking proactive steps to secure your financial future. This means setting aside a portion of your income each month towards your retirement fund, even if it means making sacrifices in the short term. It is important to remember that the money you save now will compound over time, allowing you to build a substantial nest egg for your golden years. One common mistake that people make is underestimating how...
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