As Seen on Forbes: 15 Ways ‘30-Somethings’ Can Make Faster Progress On Building Savings
Taxes are forever and it's best to start paying attention to them early. Check it out in this Forbes piece. You will see my views on what to do along with wisdom from other Forbes Council experts.
The power of compounding extends to taxes. Compounding helps early savers build their ultimate wealth. But taxes are always and everywhere a part of the investment decision, and they are especially critical for the young who have a long investment horizon. When a government taxes the young, it reduces the after-tax savings and those taxes hurt the most over time. Young people are inclined to ignore taxes, but they do so at a compounded cost.
In this piece on Forbes titled 15 Ways ‘30-Somethings’ Can Make Faster Progress On Building Savings, Dr. Fischer and other esteemed members of the Forbes Finance Council provide insights and guidance on building savings faster when you are young.
