4 responses

  1. Saving monthly for retirement is very important because markets go up and down. Your timing could be off if you invest a lump sum. Investment returns play a key role in reaching your retirement goal. Use the retirement calculator and put in an average 5% return and a 7% return but keep the monthly saving amount the same. The difference will surprise you!

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  2. Ricodilello, thanks for that! It took me forever to understand why Suze Orman and other Financial experts always said to space out your retirement contributions to be monthly instead of lump sum. Such a difference!

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  3. Pingback: Where Should I Open Up A Roth IRA? | omg, I'm thirty

  4. Pingback: How to Set Goals for Finances- New Years Resolutions Series | omg, I'm thirty

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