Why You Are Not Rich: Financial Misconceptions That Hurt Your Bottom Line

Myth: It’s too late to start saving

It is never too late for anyone to start saving and investing. The average life expectancy in the United States is approximately 79 years. So, even if you are in your 50s and about to retire, you still have to plan for at least two decades. Instead of worrying about missed opportunities, you should work for a better future and start saving today.

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