When should you start to save for retirement?

One question I get asked often is...

Figuring out what to do with your money can feel complex and overwhelming. There are a lot of questions to answer... One question I get asked often is "When should I start to save for retirement?" There are many smart decisions you can make to create a healthy, financially secure future. But there is one strategy that will give you massive momentum like no other... Read about it now in my latest post: The Most Important Rule In Planning For Retirement Other great things happening in finance this week... Charles Schwab released an interesting modern wealth survey. In the report they share how social media impacts our spending: Americans pay more attention to how friends spend than how they save 60% wonder how friends afford expensive experiences posted on social media Social media has a negative influence on money management It has never been polite to talk about money, but it has always been acceptable to signal wealth via consumption. Social media magnifies this cultural norm by celebrating our biggest expenditures and ignoring our underlying finances. As a financial advisor, it's my job to help people direct dollars to the things that matter most and keep them on track for reaching their goals. That means using my own social media accounts as a tool for financial education. We all need to understand our money and what to do with it. That's not easy to do on your own. But, as the survey shows, people with financial plans feel more financially stable and show more disciplined behaviors. If you need a simple, straightforward game plan to make over your financial habits, here's how I can help. To making money simple, Peter P.S. I have a new post live that shows the outrageous power of compound interest, including simple charts and easy to understand examples. Check it out here.

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Peter Lazaroff, P.O. Box 440113, Saint Louis, MO 63144, United States