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No matter how you approach the discussion, it still comes down to the same basic facts. To secure your retirement and especially if you hope to retire early, it becomes important to increase your rate of saving at every opportunity.

That means paying down debt and living within your means, and reducing costs whereever you can. (Alternatively increasing your income will do it.)

A number of factors tend to make it more difficult for most of us to save at high rates early in your career. For one thing, you tend to be in the lower salary brackets until you get some experience or advanced training. Secondly family responsiblities often mean funding many wants like a home, paying off student loans, educating children, etc, etc.

But as children get out on their own, many find themselves in higher pay brackets and ideally with mortgage paid off and more cash available. That can be a great time to save, save, save. But of course, you then have less time for it compound.

Some tough decisions must often be made. Only you can decide if a comfortable retirement is worth the extra effort. Of course, you can alway plan on hitting the lottery.
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