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Bank It or Plank It: Financial Bingo
Well-Being @ Work Community | Last Active: Nov 15, 2018 | Replies (71)Comment receiving replies
Once I started full time at Mayo Clinic my dad advised me to start investing for my retirement while I was young. That way I would have funds built up and wouldn't have to work until I was 70 or older. Maybe I would be able to retire a little earlier than people my age. Currently I am on track to do that and retire at the age of 60. Now will I do that, it all depends at where I'm at in life but it is great knowing that I have that capability and not be stressed about it.
Replies to "Once I started full time at Mayo Clinic my dad advised me to start investing for..."
My grandfather told me to pay yourself first and you will be repaid with security and freedom when you want it most. At 19 yrs old, I took his advice and set up an investment account and contributed to workplace savings options. At the time, my goal was to retire well before I am 65 years old. I enjoy what I do and I like to work so instead of retiring I might consider working less. I may or may not do that but it is a good feeling knowing I will have the option.