Increase Your Savings Rate: It Determines When You Can Retire - Financial Freedom, #98

When do you want to retire? Do you want to work until age 66? Most people nowadays do not want to work this late into life. But how can you retire earlier? What is the strategy to get from point A to point R (retirement)? It starts and ends with your savings rate. The more money you get into your investments, the faster your cash can compound and grow. Increasing your savings rate is easy; however, acquiring the proper mindset is challenging for the average person. You cannot do the same things and believe your savings rate will improve.
It will take drastic measures to see dramatic results. Good Luck!