I realized yesterday when I was talking to someone about their 401k options how amazingly important it is to save early on. I was looking at what he already had in his portfolio and we were talking about what he wanted to have upon retirement. With the amount of time he had left until retirement, the kind of percentage return that was required was quite substantial. Where if you were to put a lot of money away early on and get a moderate return one could get to the same amount.

Save the monies now so that you don’t end up in the poor house or living off your children.