Reply to PSA: Save early

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why didn't you start early OP? [/quote]

OP probably did save *something* for retirement, but like many Americans, didn't save "aggressively". Reasons for that typically include:

- paying off student loans debt
- needing money to pay for living expenses
- buying a more expensive house in order to live in a better school district
- paying for private school or other kid expenses
[/quote]

PSA: The need to start young predates the child-rearing years by at least 5 and by as many as 15 years, depending on when you drop those sprogs.[/quote]

This is what my DC have internalized--live lean and work hard in your early 20s when there are plenty of friends willing to share apartments, and fun is cheap. Save intensively in Roth IRAs/401ks. That way you have a good nest egg rolling when the bigger expenses come in.  Bonus you're not so used to luxuries too early.  Even if you have student loans, the new payment plans make it manageable to save for retirement and pay off loans.[/quote]

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