Quote:
Originally Posted by crayzkirk
You won't make as much money in the public sector compared to the private however people I have known retired at 55 instead of 65 and have benefits paid for. It really makes sense now that we 'get' to contribute to our own retirement fund instead of having a company provided pension as part of our compensation. All I can say is start early on your 401k and put in as much as you can because it doesn't hurt your take home pay as much as you would think.
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Thats the basic stuff people should be doing. Most are not thinking retirement at 30. Starting early makes for a bigger pile on money at the end.
Also buy a house ASAP that has potential for growth. in prices. The equity can be a source of income if you run into trouble later. It builds wealth.
We paid the same price for a house in Florida as my house back in Lees Summitt. But, in the 10 years I've lived in this house its almost tripled in value. Lees Summitt house, maybe 5% growth. Do your research and make the leap.