Freelance Finance

Muck and Mire’s guide to financial serenity for the self-employed

Freelance Finance header image 2

16 Things Freelancers Must Know #4: Yes, You Must Save for Retirement

February 12th, 2008, by Muck · No Comments

We hear it all the time: “I’m young. Why should I save for retirement now?” Here’s the short answer: Because the power of compound interest works in your favor the more years your money sits in the bank, growing. If you start saving 15 percent of your income in your twenties, you will be a millionaire by the time you are 65. No question. I can show you charts to prove it.

Tags: Pleasures of the freelance life · The Retirement Fund

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment