Whether they work at a fast food counter or executive at a company both can equally and effortlessly retire at 65 years of age as millionaires if they start the good habit of saving now.
New York New York (PRWEB) January 03, 2012
SoRichIam Media Company encourages college students, grads and everyone in between to live a debt free life. The site will offer a 15% discount on the latest edition of The Answer Key to Avoid Debt Build Credit & Retire Rich and The S.O. Getting Rich Workbook which includes a goal setting guide for 2012. For those already in debt, the site kicks off the New Year by hosting a complimentary 7 Video Get out of Debt Course.
LeTicia Lee, author of The Answer Key to Avoid Debt, Build Credit & Retire Rich (LuLu Press), says the time is now for students 16-25 years to plan for a debt free life and a wealthy retirement. “Whether they work at a fast food counter or executive at a company both can equally and effortlessly retire at 65 years of age as millionaires if they start the good habit of saving now,” says the author, “It’s not how much they make; it’s how much they save. Final exams may be a reflection of how well students paid attention last semester, but in another forty years a savings account collecting compound interest will reflect how well they prepared for life in the real world."
Activating the principles of saving a portion of all income earned is wise to begin before one is twenty five years of age. Every decade delayed, requires a greater monthly contribution to catch up with those who begin in their teens and twenties.
Kiplinger.com "Retire a millionaire" reports that while it only takes a $286 monthly savings commitment for a 25 year old to attain $1M by 65 years of age it would take $671 per month at age 35; $1,698 per month if starting at age 45; and $5,466 per month if starting from scratch at age 55. So it pays [literally] to start early. These people are also more likely to teach their children the habit of saving and perhaps prepare a trust fund for college education needs so their children can begin life.
The Answer Key to Avoid Debt Build Credit and Retire Rich is an easy read guide for college students to start thinking about ways they can save now regardless of their income level. The S.O. Getting Rich Workbook is the perfect ally to the Answer Key. It's for those planning a new career or change in career path. New grads, people out of school and especially those currently unemployed will benefit greatly. The print edition of each is 15% off in January 2012.
Post grads and everyone in between will find assistance in the 7 Video Get out of Debt Course offered free of charge. Register free to receive one video course per week.
Go to SoRichIam.com to get the 15% discount and register free for the 7 Video course.
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