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Reply to "Best (simplest, easy to understand) way to start retirement saving?"
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[quote=Anonymous][quote=Anonymous]Yes, you could start saving 500/month for your EF and 200/month for retirement or whatever, until you build up a satisfactory buffer, then increase retirement savings. I think it is a good discipline to start paying in a regular amount, even if it is very small to start with. You can then increase it as you can raises etc.[/quote] If these amounts sound high, just reduce them. If you can only afford $25 a month or per pay period do that. It's better than nothing and you're making a start. Remember what you invest now will be worth much more than the dollars invested in your 40s or 50s.[/quote]
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