A Reddit user frustrated with saving despite a $90,000 income at 23 is maxing out a Roth IRA and investing 15% into a 401(k). Many commenters reassured him that his aggressive investment strategy is commendable, emphasizing the long-term benefits of early investing. While acknowledging that real-life expenses and taxes diminish immediate gains, they encouraged him to continue his current path for greater future financial success. The broader message signifies that building wealth is a gradual process and perseverance is crucial for young investors.
Many people reminded him he is ahead of the game for his age, advised him to stay the course and celebrate his achievements.
Investing heavily when you're young is a good way to set yourself up for success, even if immediate results don’t seem apparent.
Collection
[
|
...
]