Dear Kids, Experts recommend you save 10% of your income each year for retirement. Do you? This is just the beginning. Make sure you put the money into a 401K plan, the only way you can build a substantial nest egg. For me, I would need $500,000 in savings just to pay my property tax with the 1% interest, if I invested in a bank savings account. Put your money where you can't get at it . Not banks. "Banks shaft you in two ways, high interest when you borrow and minuscule interest when you save." Only 39% of Americans can meet a $1000 emergency. Can you? If you cannot, you are in dire straits. About 80% of Americans live paycheck to paycheck. Is you, then ditto. Have a two month minimum, hopefully eight month financial cushion. Actually, much more if you're in your forties. About 38% of Millennials believe $200,000 is enough for retirement. Do you? Of course, this is ridiculous. You need at least $1,000,000 just to begin thinking about ret
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