Tuesday, April 8, 2008

Chapter #2 The Importance of Saving Early

The sooner you start to save, the more money you will have when you want to retire. Invest that dollar you were going to spend on a cup of coffee today and you could have $56.42 or even $289 when you retire. These amounts would generate $4.74/year and $34.68/year in income.

Go to my book (the link is in the upper left of this blog) and read Chapter #2.

Use that Calculator link embedded in Chapter #2 to calculate how much a single purchase is costing you interms of Future Wealth and Income using your years to retirement, expected earning rate and inflation rate.

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