Quote:
Originally Posted by Rochard
The best bit of advice I have ever been given was from a gunnery sergeant in the United States Marine Corps. He told me to take a small percentage of my income every month and put it into savings. He told me to make this automatic so you never even notice the money missing. From there he told me once a year to take that money and invest it into something stable.
And this is exactly what I did.
I won't have any concerns when I retire.
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Good advice, only don't wait a full year with it in savings, it's too tempting to dip into it and replenish it later and also you miss out a little bit in positive returns by not getting in asap if you are going to anyway. Invest often for a long time and retirement will take care of itself.