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Prioritize saving for retirement from "summary" of The Smartest Investment Book You'll Ever Read by Daniel R. Solin
Saving for retirement should be your number one financial priority. It's never too early to start planning for your retirement, and the earlier you begin saving, the better off you'll be in the long run. By setting aside money for retirement now, you can take advantage of compound interest and grow your savings over time. Many people make the mistake of putting off saving for retirement until later in life, only to find themselves struggling to make ends meet during their golden years. Don't fall into this trap. Start putting money into a retirement account as soon as you can, even if it's just a small amount. Every little bit helps, and the power of compound interest will work in your favor. When it comes to saving for retirement, consistency is key. Make sure to contribute to your retirement a...
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