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Jackie Cummings Koski: Late Starters Can Still Find FIRE
The Long View
Investing Insight: Embrace Growth and Maximize Benefits
A generous employer match on a 401k can significantly enhance retirement savings, providing a strong incentive to invest more. Discovering a passion for investing after personal challenges, such as a divorce, can be transformative. Joining an investment club helps demystify the stock market and fosters understanding of key concepts like compound growth. It is crucial to fully utilize available investment accounts, such as maxing out 401k, Roth IRA, and HSA, to take full advantage of potential long-term growth. Awareness of market performance during favorable times can further bolster investment confidence while understanding that contributions to retirement accounts equate to long-term investment growth.
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