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RE: Rethinking Retirement: Time for a Paradigm Shift?

in LeoFinance2 years ago

I wish they would have tought us in school how to save up for your late days.
I am in the working space since I was 16, and have been working many jobs some better paid some not. But I always would have been able to save at least 50-100$ per month. In 24 years that would have added up quite a bit.

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One other aspect that is not often spoke about is not having an expensive adviser. I will hope to unpack that in a future article but I have seen calculations that paying an adivser between 1-1.5% commission over the long-term can impact your retirement pot by almost 45%. This just blows my mind.

Wow that is actually crazy, it is a bit like paying horendous fees on Ethereum