Hi Kids,
Will you please invest in stocks and real estate as early as you can?
Think about it: you graduate in your early 20s and retire in your 60s. That gives you roughly 40 years to invest for your retirement. The purpose of your retirement money (or pension) is so you don't need to be dependent on your children when you grow old, plus so you can maintain your lifestyle even if you no longer get your active income from your 9-5 work.
So when you wait until you're 40 to start investing, what happens? You're left with just 20 years to save up for your retirement. Yes, this still looks like a considerable amount of time, but do you know that people purchase a house/property with an average payment option of 10 years to pay? Eh you still need to send your kids to school tapos may other payments to be made pa.
Maybe you can still enjoy your first 5 or 10 years after college before going full-steam in your investment plans? Para naman you do not feel bad na panay save na lang ng save. Of course, it is imperative that you still reward yourself for your hard work. Let me know your thoughts and plans ha.
