Quote:
Originally Posted by fulham
I was lucky enough to get a Scholarship that paid for most of my tuition, and housing during my undergrad. I still worked during this time, and had no expenses. Im lucky enough to have graduated with no student debt. I have a decent amount saved up right now for a man in his early 20's
But I've always considered this money as saving's for a awesome trip, or a eventual downpayment for a house. At what age did you guys actively start planning financially for retirement?
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I mirror this for my early life. I started to save as soon as I finished university at 23 and hired a financial adviser. However, when I got married at 27, disposal money was there no more and wife took the rein as CFO of our household.
Looking at a couple of pension plans, personal mutual fund investments, we should be at 100K/year at retirement (might be worth 50K in today's dollar pending inflation), provided that economy performs at reasonable rate. I don't expect to live beyond 80 years old. Anything beyond that is gravy.