#MoneyMondaysJa - Benefits of early retirement saving

Many people in their 20s and even 30s think, “I’m young! I have plenty of time to start saving for retirement.” But retirement age can creep up quickly. If you have relaxation and travel in mind for your retirement, you need to make sure you have enough money to support that. The key is to start saving as early as possible and as much as possible. Here are some benefits of starting early.

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[sades_travels]

The trick to being weathy in retirement is, keep your expenses low, don't buy things to impress people you don't know, then clear ALL Consumer debts then work with your mortgage providing that your interest rate is below 10% that way you don't need to pay that off early, then most important, invest your $!. I'm saving / investing over 60% of my income now, this has not always been the case but I am tired of my corporate job that's mentally draining me so, once I hit my FIRE #I'm out. My husband and I are aiming for retirement in less than 10 years from now. I hope people are getting wiser and not just think Abt retirement at 60/65, it can be done at 30/40 and in my case 45-50.

[nico_dgc]

THE BEGINNING WAS GENIUS 😂😂😂😂 I love Kalilah so much .

[gbb]

“The rich rules over the poor, and the borrower is slave to the lender”-Proverbs 22:7

[LeonPrycePriceyFC]

Early retirement savings is always good I am starting my this week

[demarifagan]

Great content as usual kalilah This generation needs this channel in these hard times 🙌🙌

[krishnascarlett]

I really learnt a lot from this episode. Glad to say I've also recently opened a pension account.

[jasonwilliams]

That intro was top tier. Thank you for this information Kalilah!

[monikadunns]

Very informative because lots of people got absolutely no idea how important it is to save for their retirement. I am 51 and get rid of my working shoes and uniforms a year ago because I dont need to work anymore.
I traded in work for travelling. You just have to be smart enough to invest in something that will yield you a good return and spend it wisely. I invested in properties over the years, starting with only a two bedroom apartment and from there it allows me to be financially free at an early age to retire.

[kerrybellum]

Those first 20 seconds had me SHOOK looool 🤣🤣🤣

[KefashWhite]

Can you talk about an investment instrument that has been out running inflation over the last 10 years? Thanks 😊 🙏

[simonegrey]

I would rather to see people that look like us in the clips, but l really love your movement

[branjamansmit]

Me start in 2014 I only contribute 1000 per fortnight an just 100 an od me contribute and I wwnt and check it this January an I have 690 in all so I change it to aggresive about march now am almost 800

[chromographic]

wouldn't it be better to buy a specific stock rather than placing money in a pension fund. being that some stocks pay higher dividends?

[haveambition]

Is there any way the I can find out how much I have contributed to the NIS Scheme? I can see all my contribution to NHT but NIS is a mystery.

[keysey]

I'm a teacher and they take pension from my salary. Cu I cant contribute to two pension fund ita holdings me back.

[STAY_ALIVE_OR_ELSE]

Are you saying that I can stop contributions to the private pension, let the money stay there, contribute to the company/government pension only then go back for my "private" money at retirement?

[orvillereeves]

Whats the average return per year on one of these pension fund?

[taylormadevacationrental]

I think ppl under 40 should scrap the idea of retirement. There r jobs now that a 70 yo can do. Aim for financial freedom but even stop working.