A Smart Start


Of course it’s easier to look back and think of what you should have done instead of what you actually did.  This holds especially true for investing in one’s future.  And what better time of year to address this than June, graduation season.

If we could all go back to our 22 year old selves, it would be pretty simple to get it right.  Since that’s not an option, we thought we’d highlight a really great post from a series on LinkedIn called If I Were 22.  This particular post is all about getting a financial head start: putting a small amount away each month during the prime savings years of one’s 20s, that particular period in your life when “every dollar saved can potentially multiply into eight or nine in an IRA or workplace plan.”  Bottom line: starting to save in your 20s gives you an enormous head start. 

The post was written by Kathleen Murphy, president of personal investing at Fidelity Investments.  Take a moment to read it (here) and perhaps consider forwarding it to a twenty something — they’ll thank you for it.  And if you’re reading this and you’re not in your 20s, remember that now is always the perfect time to start saving.


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