CNNMoney.com article answers a question of a 22-year old reader who’s making $75,000 per year and saving almost 30% of his salary. His question – is he saving enough to retire at age 50? 55?
The reader definitely seems to be in a good position – he is not only saving sizable amount of money but has a huge advantage in terms of age – he is only 22 years and so has many years over which his savings can grow.
For complete article, click the following link:
CNNMoney.com - Starting early for early retirement
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