Quote:
Originally Posted by bizaro86
I'm not saying anyone "should" be anywhere. But I think people miss the power of compound interest.
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I don't think people miss the power of compound interests. But most people in their 20s and early 30s are focused on:
- Paying off student debt
- Saving for a downpayment on a house
If you're making enough money to do both those things, while paying your own rent and living expenses, and still save thousands a year for retirement, good on you. You probably have a very well-paying job. Personally, my income didn't crack $30 K a year until I was into my 30s.