Save early save often

Anyone looking to retire early (especially millennials) always take advantage of your 401k if available or have automatic deductions to a Roth IRA. Even if just $25 a week or month it adds up and you can retire in your fifties. As pay increases, up your contributions. I’m 56, worked a good blue collar job and just hit the $2m mark. Einstein said the 8th wonder of the world was compounding interest.

Take advantage!

3 Likes

You have done well for yourself! Great job!

Definitely trying to maximize my financial situation in my youth to be well prepared for later years.

Excellent @dan.olsen, congratulations!
What are you doing with your retirement?

Congrats @dan.olsen! One of the biggest lessons my parents always told me was to take advantage of a 401K!

Good luck and sounds like you had good teachers. Best other lesson is don’t panic when markets are down. Look at it as an opportunity to by quality stocks at a discount.