How's your retirement looking?

My understanding is that there are lots of young people who visit Sitepoint, people in their teens and twenties.

I hope that you save 20-50% of every dollar you earn.

It may seem hard with rent and food — but it only gets harder later on.

If you start saving now and investing wisely, you may be able to retire long before your colleagues.

I won’t bore you with a lecture about how money compounds, and how $1 saved in your twenties can be worth lots more than $1 saved when you are 40 or 50. You know that.

Why do we work? Lots of reasons. But work is about how we use our life energy, and what we do with that energy. If you want to be able to choose whether you work or not someday, please start saving up now — in a big way. It takes discipline and commitment, but is worth doing.

Please read the classic book Your Money or Your Life if you want to learn a new way to think about money. Read also The Automatic Millionaire, so you can see the powerful effects of saving.

I’m lucky in that I saved enough money early on and made some smart investments in real estate and stocks — as well as my own businesses. I hope you are equally “lucky.”

Take a moment and figure out how much you need to save every month to have $2 million by the time you are 55. Then start saving that amount.


Category: marketing Time: 2006-08-30 Views: 1

Related post

  • How to create professional looking PDFs? 2010-03-22

    I've always created dumb looking pdfs by just writing a word doc and converting it into pdf. Now, I want to write an e-book and I want it to look professional like other e-books. How to create professional looking PDFs? EDIT I'm a pro in Photoshop &

  • Make Your Pictures Look Like Polaroid With Poladroid 2010-03-24

    Poladroid is a free desktop application that lets you make Polaroid-style images from photos on your computer. Why would you want to make images from your fancy pants expensive camera look like they came from an older instant film camera? Well that's

  • How was your experience working as a game tester? 2010-09-05

    I'm currently an independent game developer. I'm open to the idea of working on a team in the game industry. I'm under the impression that being a "game tester" is a relatively easy way to get a job... however that job may be somewhat undesirabl

  • How do you decide how much your software will cost? 2010-10-02

    If you are a solo developer, or have a leading role in a software company, you might have to decide how much your software will cost one or another day... What is your experience with calculating how much your software costs for your customer? Why do

  • How is your working time distributed between coding and thinking? 2010-11-05 percentage. For example 60/40 or 90/10 or 100/0. My hypothesis is that the bigger the proportion of time you spend thinking the smaller your code can be as a result (and the less time will be needed to write it down). Think more, write less, in

  • How does your company manage hardware reuse? 2010-12-01

    At my company we do a lot of original hardware designs each of which are designed by only a small sub-section of our engineers. We are looking at ways to better document and distribute what has been done on each project so that information can be dis

  • Is there a way to see how a theme will look before buying it? 2012-01-04

    I am shopping around for themes and would like to see how my website would look and work with its content before commiting to buy it. Is it possible to view a sample of my pages on another theme? --------------Solutions------------- That depends enti

  • How to reset the looks of the Command Prompt window, in Windows? 2013-06-19

    I have made several customizations to how the Command Prompt window looks in Windows and now I want to reset it to its original state. How can I do that? I just want it to look that way it does after you install Windows. --------------Solutions------

  • How can a website look different in safari Windows and Safari mac? 2013-11-03

    I have a website. I've been testing crossbrowser on my windows PC, and it looks good in all browsers, but on Mac in Safari it looks like the CSS is not getting interpreted right, or there is a critical javascript error. When I look in the console cro

  • How to achieve this look? 2014-05-27

    I wonder how to achieve this look (website) -- the uneven shapes, edges, strokes and shadows -- or is it even possible in Photoshop? I couldn't find any similar tutorials or PSDs to learn from probably because I don't know the right keywords search f

  • What are the best tools for testing how a website will look on different platforms and what are their pros and cons? 2015-08-10

    What are the best tools for testing how a website will look on different platforms and what are their pros and cons? This includes knowing how my layout/fonts display and functionality in various browsers and OS, not merely how the layout adapts to d

  • How to get this look in photoshop? 2013-01-05

    How to get this look in Photoshop or by any other online application? --------------Solutions------------- That's not so much a Photoshop thing as it is a photographic technique. It's just a high contrast shot with spot lighting. The Photography SE c

  • How can I take look inside of the atmega1280? 2013-04-04

    I want take look at the memory and at the element inside the atmega1280. I compiled Ardupilot sketch and I upload it with arduino. I started avarice with the following command: $ avarice --mkII --capture --jtag usb :4242 and I started avr-gdb $ avr-g

  • How to make eclipse look in two diffrent places for jvm on start up 2014-11-14

    I need to know how to make eclipse look in two locations for the jvm. I have it set one way in the .ini file but I need to be able to have it look in another place as well. I have eclipse IDE installed on an external harddrive as well as a jvm on the

  • how to make wine looks like my desktop colour scheme using WINETRICKS in Ubuntu 14.04? 2014-12-11

    I am using Ubuntu 14.04 LTS 64 bit. I notice a post What can be done to make Wine look more integrated into Unity?, in the post it was mentioned that I can make wine looks like my Desktop's colour scheme using winetricks. I was wondering if any one c

  • How to communicate how secure your system is to your employer's clients 2015-08-05

    Businesses have to collect information about their clients, and clients often want assurance that their information is secure. What is the accepted way to concisely and clearly communicate how secure the systems are that are transmitting and storing

  • How do you share your Facebook 'Look Back' video on YouTube? 2014-02-10

    Is there a way to share my Facebook Look Back video to my YouTube account? --------------Solutions------------- Go to this URL. It is the mobile version of your facebook lookback page. I used Google Chrome to open

  • Ever Wondered What Your Users Looked at First? 2001-02-05

    Text-centric commercial websites are taking a pounding this year, with layoffs and closures affecting even the giants as advertising revenue streams slow. One result of this revenue squeeze shows in such widely read information sites as, T

  • Service or Spam? How is Your Email Seen? 2003-01-11

    Effective email messages are a cost-effective and timely way to communicate with current customers and attract new ones. But customers are sick of junk email messages clogging their inboxes with useless information. There are three different kinds of

iOS development

Android development

Python development

JAVA development

Development language

PHP development

Ruby development


Front-end development


development tools

Open Platform

Javascript development

.NET development

cloud computing


Copyright (C), All Rights Reserved.

processed in 1.673 (s). 13 q(s)