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General Discussion
Retirement
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<blockquote data-quote="DavidsCJ7" data-source="post: 15777" data-attributes="member: 11"><p>You are very wise to begin thinking about retirement and saving at such a young age. I have been contributing to a 401k for since I was 30 (4 years) with a company match of 100% for the first 3% and 50% of the next 2%. I recently moved most of my retirement into high risk investments, with hopes of long term success. I also have another savings account that gets a little here and there. I am planning on retiring at age 55. </p><p></p><p>My advice is to pay yourself first. Before any bills, food, toys or anything else, pay yourself atleast 10%. You will be surprised that you don't even miss it after a little while.</p></blockquote><p></p>
[QUOTE="DavidsCJ7, post: 15777, member: 11"] You are very wise to begin thinking about retirement and saving at such a young age. I have been contributing to a 401k for since I was 30 (4 years) with a company match of 100% for the first 3% and 50% of the next 2%. I recently moved most of my retirement into high risk investments, with hopes of long term success. I also have another savings account that gets a little here and there. I am planning on retiring at age 55. My advice is to pay yourself first. Before any bills, food, toys or anything else, pay yourself atleast 10%. You will be surprised that you don't even miss it after a little while. [/QUOTE]
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